Stocks Close Higher After GDP Data. Share benchmarks edged up after fresh data on economic growth and the labor market provided insight into the state of the recovery, amid a flurry of corporate results. Import Surge Overwhelms Warehouse Space Near Ports.
EU Unemployment; EU Flash Estimate euro area inflation; EU Preliminary Flash Estimate GDP; EU bank stress test results published; updates from IAG, Renault, Hermes, EssilorLuxottica, Air France-KLM, BNP Paribas, Eni, Swiss Re, Unicredit, Pearson, NatWest. European stocks could open lower. Oil down and gold is flat.
Stocks Close Higher After GDP Data. Share benchmarks edged up after fresh data on economic growth and the labor market provided insight into the state of the recovery, amid a flurry of corporate results. Import Surge Overwhelms Warehouse Space Near Ports.
Stocks Close Higher After GDP Data. Share benchmarks edged up after fresh data on economic growth and the labor market provided insight into the state of the recovery, amid a flurry of corporate results. Import Surge Overwhelms Warehouse Space Near Ports.
Economy's Prospects Looked Bright, Until the Delta Variant Surged. Gross domestic product grew at a 6.5% annual rate in the second quarter and the economy exceeded its pre-pandemic size, but slower growth is expected in coming months. Stocks Close Higher After GDP Data.
* Dow Jones Index, S&P 500 hit record highs. * Dollar sluggish at 1-month low on bets of a dovish Fed. * Pan-European STOXX 600 index also at all-time high. * China shares bounce, still down sharply on week. By Koh Gui Qing.
* Dow Jones Index, S&P 500 hit record highs. * Dollar sluggish at 1-month low on bets of a dovish Fed. * Pan-European STOXX 600 index also at all-time high. * China shares bounce, still down sharply on week. By Koh Gui Qing.
* Dow Jones Index, S&P 500 hit record highs. * Dollar sluggish at 1-month low on bets of a dovish Fed. * Pan-European STOXX 600 index also at all-time high. * China shares bounce, still down sharply on week. By Koh Gui Qing.
Strong company earnings and solid economic growth data pushed U.S. shares to record highs on Thursday, though the Federal Reserve's message earlier this week that it was in no hurry to taper stimulus pinned the dollar at a one-month low.
* Dow falls 0.4%, S&P flat, Nasdaq rebounds 0.7% * China blue-chip index closes up 0.2% * Yuan edges back from three-month lows. * Dollar softens. By Koh Gui Qing. U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
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