International News
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Declining orders drag Chicago PMI lower for sixth consecutive month in May
Friday 31 May 2024
(Sharecast News) - Factory sector a activity in the Chicago area slowed for a sixth month running in May, the results of a survey showed. Read More
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US open: Stocks edge higher as spending and core inflation cools
Friday 31 May 2024
(Sharecast News) - US stocks moved into positive territory on Friday, with the Dow snapping a three-day losing streak, after economic data showed that core inflation had personal spending slowed more ... Read More
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Headache for ECB as eurozone May inflation rises more than expected
Friday 31 May 2024
(Sharecast News) - Eurozone inflation rose in May, according to official data published on Friday, as prices stubbornly refused to shift and indicating a tougher path ahead for the European Central Ba... Read More
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STMicroelectronics unveils plans for €5bn chip plant in Italy
Friday 31 May 2024
(Sharecast News) - Europe semiconductor giant and Apple supplier STMicroelectronics on Friday announced plans to build the world first fully integrated silicon carbide (SiC) facility in Italy, requiri... Read More
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US pre-open: Futures slip as investors await key inflation gauge
Friday 31 May 2024
(Sharecast News) - US stock futures were pointing to a negative start on Wall Street on Friday with investors awaiting a key inflation indicator ahead of the opening bell. Read More
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German retail sales drop sharply in April
Friday 31 May 2024
(Sharecast News) - Retail sales in Germany dropped sharply in April, pulling back after a stronger-than-expected increase the previous month, according to Destatis. Read More
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Asia report: Shares creep ahead before US, eurozone CPI data
Friday 31 May 2024
(Sharecast News) - Asian stocks edged ahead on Friday as investors waited for inflation readings from Europe and the US for indications on the future movement of interest rates globally. Read More
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China manufacturing PMI falls more than expected in May
Friday 31 May 2024
(Sharecast News) - China Factory activity slowed more than expected in May, hitting a three-month low, as the world's second-largest economy continued to battle problems in its property market, accord... Read More
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Frasers Group lifts stake in Hugo Boss to £305m
Friday 31 May 2024
(Sharecast News) - Mike Ashley's retail conglomerate Frasers Group has raised its stake in Hugo Boss after a sharp drop in the German fashion group's share price since the start of the year. Read More
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US close: Dow falls for third straight day as investors await PCE data
Thursday 30 May 2024
(Sharecast News) - US stocks finished firmly in the red on Thursday as indices continue to retreat from their recent record highs on the back of mixed economic data. Read More
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Europe close: Spanish banks push markets higher as inflation takes centre stage
Thursday 30 May 2024
(Sharecast News) - European stocks registered gains on Thursday, with a huge surge by Spanish banks making up for more subdued performances elsewhere, as the Stoxx 600 index rebounded after recent hea... Read More
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US open: Stocks sink as markets continue to retreat from record highs
Thursday 30 May 2024
(Sharecast News) - US stock markets opened firmly lower on Thursday as elevated bond yields and a mixed outlook for the economy eroded investors' appetite for risk. Read More
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US Q1 GDP growth revised down on softer consumption
Thursday 30 May 2024
(Sharecast News) - America's economy grew more slowly than previously thought at the turn of the year on the back of softer consumption. Read More
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Weekly US jobless claims tick higher
Thursday 30 May 2024
(Sharecast News) - Jobless claims in the US edged up during the preceding week, but remained near record low levels. Read More
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TSB customers hit by online banking outage
Thursday 30 May 2024
(Sharecast News) - TSB Bank customers were left unable to access their accounts on Thursday after the lender's mobile banking app temporarily went down. Read More
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Eurozone recovery gathers pace as unemployment falls
Thursday 30 May 2024
(Sharecast News) - Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher. Read More
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US pre-open: Futures sink ahead of GDP data, Salesforce plummets
Thursday 30 May 2024
(Sharecast News) - Rising bond yields were set to weigh heavily on stocks again on Thursday, with stock futures falling sharply ahead of the opening bell on Wall Street, while software firm Salesforce... Read More
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Asia report: Stocks follow Wall St into the red as rising bond yields weigh
Thursday 30 May 2024
(Sharecast News) - Asian share markets tumbled on Thursday, following a weak showing on Wall Street as Shares retreated Thursday in Asia after U.S. stocks slumped in response to higher bond yields as ... Read More
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US close: Stocks drop sharply as Treasury yields rise
Wednesday 29 May 2024
(Sharecast News) - US stocks declined on Wednesday with all but three stocks on the Dow finishing in the red as investors continued to scale back their appetite for risk ahead of key inflation data la... Read More
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US close: Stocks drop sharply as Treasury yields rise
Wednesday 29 May 2024
(Sharecast News) - US stocks declined on Wednesday with all but three stocks on the Dow finishing in the red as investors continued to scale back their appetite for risk ahead of key inflation data la... Read More
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