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US dollar declines amid trade concerns
US dollar declines amid trade concerns
Jun 30, 2025
The dollar fell against most major rivals on Monday amid increasing concerns about a possible trade war once more between the US and other major economies. Canada cancelled the digital services tax aimed at US tech companies in an attempt to revive trade talks with the US. The Canadian finance ministry said PM Mark Carney and US President Donald Trump...
Euro rises above $1.18 for first time in four years ahead of European inflation data
Euro rises above $1.18 for first time in four years ahead of European inflation data
Jul 1, 2025
The euro rose in European trade on Tuesday, on track for the ninth daily profit in a row against the US dollar, and trading above $1.18 for the first time since 2021. It comes amid concerns about the Federal Reserves independence and US financial stability after new attacks by Trump against Powell. Recently, the odds of a European Central Banks...
US dollar declines on mounting concerns about tax bill, tariffs
US dollar declines on mounting concerns about tax bill, tariffs
Jul 1, 2025
The US dollar fell on Tuesday against a basket of major rivals amid mounting concerns about the US fiscal situation following Trumps big tax bill, and with uncertainty about the trade agreements. Investors are now betting on a faster pace of Fed rate cuts this year, while waiting for crucial US data this week, including the payrolls report on Friday....
Yen extends gains to three-week high against the dollar
Yen extends gains to three-week high against the dollar
Jul 1, 2025
The yen rose in Asian trade on Tuesday against a basket of major rivals, expanding gains for the second straight session against the dollar and hitting a three-week high against a basket of major rivals. The odds of a Japanese interest rate hike in July tumbled following the Bank of Japans latest policy meeting, with traders now awaiting more Japanese...
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Sector Update: Energy Stocks Advance Late Afternoon
Sector Update: Energy Stocks Advance Late Afternoon
May 26, 2025
03:43 PM EDT, 05/13/2025 (MT Newswires) -- Energy stocks rose late Tuesday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both gaining 2%. The Philadelphia Oil Service Sector Index climbed 1.7%, and the Dow Jones US Utilities Index dropped 0.2%. West Texas Intermediate crude oil rose 2.9% to $63.74 a barrel, and global...
Sector Update: Tech
Sector Update: Tech
May 26, 2025
03:40 PM EDT, 05/13/2025 (MT Newswires) -- Tech stocks rose late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 2.4% and the SPDR S&P Semiconductor ETF (XSD) climbing 3%. The Philadelphia Semiconductor Index jumped 3.2%. In sector news, President Donald Trump said Saudi Arabia committed to invest $600 billion in the US with an initial focus on...
Sector Update: Energy
Sector Update: Energy
May 26, 2025
03:21 PM EDT, 05/13/2025 (MT Newswires) -- Energy stocks advanced late Tuesday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each rising 2%. The Philadelphia Oil Service Sector Index climbed 1.7%, and the Dow Jones US Utilities Index added 0.3%. West Texas Intermediate crude oil rose 2.9% to $63.74 a barrel, and global...
Equity Markets Mixed After April Consumer Prices Data Falls Short of Estimates
Equity Markets Mixed After April Consumer Prices Data Falls Short of Estimates
May 26, 2025
03:44 PM EDT, 05/13/2025 (MT Newswires) -- US benchmark equity indexes are on track to close mixed on Tuesday, as investors parsed April consumer prices data, which fell short of Wall Street's estimates. The Dow Jones Industrial Average declined 0.4% to 42,238.79, while the Nasdaq Composite increased 1.8% to 19,048.42. The S&P 500 was up 1% to 5,900.82. Among sectors,...
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INEO Tech Up 18% After Reporting Advertising Contract For INEO Retail Media
INEO Tech Up 18% After Reporting Advertising Contract For INEO Retail Media
Apr 2, 2024
10:56 AM EDT, 04/02/2024 (MT Newswires) -- INEO Tech Corp. ( INEOF ) was at last look on Tuesday up over 18% after reporting that it has secured a significant advertising contract for INEO Retail Media, an operating division of INEO Solutions Inc. The company said it secured the new contract for INEO's ( INEOF ) Canadian liquor store network...
Update: Veeva Systems Shares Fall After Chief Financial Officer Brent Bowman Steps Down
Update: Veeva Systems Shares Fall After Chief Financial Officer Brent Bowman Steps Down
Apr 2, 2024
10:54 AM EDT, 04/02/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and the first paragraph.) Veeva Systems ( VEEV ) shares fell nearly 6% in recent Tuesday trading a day after the company said in a regulatory filing that Brent Bowman stepped down as chief financial officer of the company, effective April 1. Tim Cabral,...
FOCUS-Target shopper data, streaming TV ads are key to its sales
FOCUS-Target shopper data, streaming TV ads are key to its sales
Apr 2, 2024
NEW YORK, April 2 (Reuters) - While streaming a favorite TV show as her baby naps, an ad for Enfamil NeuroPro infant formula pops on a new mother's screen. She whips out her phone to scan the ad's quick response code. It directs her phone to Target's ( TGT ) website to complete the $46.49 purchase. Sales of merchandise at...
Scottie Resources Announced Financing Package With Franco-Nevada Corporation
Scottie Resources Announced Financing Package With Franco-Nevada Corporation
Apr 2, 2024
10:48 AM EDT, 04/02/2024 (MT Newswires) -- Scottie Resources Corp. ( SCTSF ) entered Tuesday into a financing arrangement to sell a 2.0% gross production royalty to Franco-Nevada ( FNV ) for C$8.1 million. The royalty will apply to all minerals produced on Scottie's claims in the Stewart Mining Camp in the Golden Triangle. In addition, Franco-Nevada ( FNV )...
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