International News
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US consumer spending for May comes in softer than expected, PCE price gains slow
Friday 28 Jun 2024
(Sharecast News) - Americans spent a bit less than anticipated last month even as price pressures slowed as anticipated. Read More
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European drugs body backs Moderna jab
Friday 28 Jun 2024
(Sharecast News) - Europe's drug regulator has backed Moderna's novel vaccine for respiratory syncytial virus, the US pharmaceutical firm announced on Friday. Read More
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Nokia buys US firm Infinera to bolster optical networks
Friday 28 Jun 2024
(Sharecast News) - Shares in California-based network connectivity solutions group Infinera were surging ahead of the opening bell on Friday after Finnish telecoms giant Nokia agreed to pay $2.3bn to ... Read More
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Inflation eases in Spain and Italy
Friday 28 Jun 2024
(Sharecast News) - The rate of inflation eased in two of the eurozone biggest economies in June, preliminary country data showed on Friday. Read More
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Asia report: Markets rise as Japan industrial output tops forecasts
Friday 28 Jun 2024
(Sharecast News) - Asia-Pacific markets saw significant gains on Friday, driven by strong economic data from Japan, including a better-than-expected rise in industrial production. Read More
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US pre-open: Futures rise ahead of PCE, Nike shares plummet
Friday 28 Jun 2024
(Sharecast News) - Stock futures on Wall Street were showing small gains in pre-market trade with both the S&P 500 and Nasdaq expected to test their recent record highs ahead of some key inflation dat... Read More
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German unemployment rises unexpectedly in June
Friday 28 Jun 2024
(Sharecast News) - Germany unemployment rose more than expected in June, according to official data released on Friday. Read More
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US close: Stocks edge higher ahead of PCE data, but Walgreens tanks
Thursday 27 Jun 2024
(Sharecast News) - US stocks closed with minor gains on Thursday with investors showing caution amid a barrage of mixed economic data ahead of Friday's key PCE inflation report. Read More
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Europe close: Regions mixed, but Stoxx 600 ends firmly lower
Thursday 27 Jun 2024
(Sharecast News) - Poor economic data and uncertainty ahead of next week's French elections weighed heavily on European markets on Thursday, with the Stoxx 600 index falling 0.4% by the close to its l... Read More
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Walgreens shares plunge as pharmacy chain slashes profit forecasts
Thursday 27 Jun 2024
(Sharecast News) - Shares in Walgreens Boots Alliance plunged on Thursday morning in New York after the pharmacy retail chain lowered its full-year profit guidance which it blamed on challenging indus... Read More
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US open: Stocks inch higher as investors weigh economic data
Thursday 27 Jun 2024
(Sharecast News) - US stocks inched higher on Thursday though gains were only modest as investors weighed a barrage of incoming economic data that painted a mixed picture of the American economy. Read More
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US jobless claims fall for second week
Thursday 27 Jun 2024
(Sharecast News) - Claims for unemployment benefits in the United States fell slightly last week, though continuing claims rose more than forecast, according to data from the Department of Labor relea... Read More
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Turkey's central bank keeps rates at 50%
Thursday 27 Jun 2024
(Sharecast News) - Turkey's central bank has left a key interest rate on hold, it was confirmed on Thursday, as it focuses on cooling surging inflation. Read More
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Eurozone sentiment unexpectedly softens
Thursday 27 Jun 2024
(Sharecast News) - Economic sentiment across the Eurozone unexpectedly softened in June, a closely-watched survey showed on Thursday. Read More
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Riksbank stands pat on rates, signals up to three more cuts this year
Thursday 27 Jun 2024
(Sharecast News) - Sweden's central bank held its key interest rate at 3.75% on Thursday, as widely expected, and said that monetary policy should be adjusted "gradually". Read More
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US pre-open: Stocks set to slip ahead of economic data barrage
Thursday 27 Jun 2024
(Sharecast News) - Wall Street was expected to open with small losses on Thursday with investors showing caution ahead of a busy 48 hours for economic data. Read More
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H&M warns on sales, shares slide
Thursday 27 Jun 2024
(Sharecast News) - Shares in Hennes & Mauritz tumbled on Thursday, despite a 50% surge in second-quarter profits, after poor weather hit sales in June. Read More
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Asia report: Markets slide as yen weakens further against the dollar
Thursday 27 Jun 2024
(Sharecast News) - Asia-Pacific markets saw a notable decline on Thursday, influenced by the Japanese yen weakening to a near 38-year low against the dollar. Read More
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US close: Stocks end slightly higher, Whirlpool jumps
Wednesday 26 Jun 2024
(Sharecast News) - US stocks finished moderately higher on Wednesday with the S&P 500 and Nasdaq inching back towards their recent record highs on what was a relatively quiet day for data and earnings... Read More
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Europe close: Stocks dip as French elections near
Wednesday 26 Jun 2024
(Sharecast News) - European stocks slipped into the red on Wednesday as investors digested consumer survey data from Germany showing an unexpected drop in consumer sentiment. Read More
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