U.S. Construction Spending Dips In Line With Estimates In October

The Commerce Department released a report on Thursday showed U.S. construction spending decreased in line with economist estimates in the month of October. The report said construction spending fell by 0.3 percent to an

Canadian Market Remains In Positive Territory At Noon

Despite coming off early highs, the Canadian market remains in positive territory around noon on Thursday thanks to strong gains in technology, materials and healthcare stocks.

European Stocks Close Higher On Hopes Of Smaller Rate Hikes By Fed

European stocks closed higher on Thursday with several key indices hitting multi-month highs, as investors cheered Fed Chair Jerome Powell's comments that interest rate hikes will be smaller from as early as December.

Swiss Market Ends On Strong Note

The Switzerland stock market ended on a strong note on Thursday after holding firm right through the day's session on positive global cues.

Dollar Slips Against Major Rivals As Powell's Dovish Comments Weigh

The U.S. dollar lost ground against its major counterparts on Thursday, weighed down by Fed Chair Jerome Powell's comments signaling a slower pace of rate hikes from this month.

TSX Ends Modestly Higher

The Canadian market ended modestly higher on Thursday, aided by gains in healthcare, technology and materials sectors.

Asian Markets Gaining On Powell Comments

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from global markets overnight, as traders cheered US Fed Chair Jerome Powell's comments about interest rate hikes, which

Sensex, Nifty Extend Record Rally; IT Stocks Top Gainers

Indian shares opened on a positive note Thursday, mirroring firm cues from global markets as Fed Chair Jerome Powell's dovish remarks in a speech helped improve risk sentiment.

China Manufacturing Sector Continues To Shrink In November

China's manufacturing sector continued to contract in November due to the sustained reductions in output and sales, a closely watched survey showed on Thursday. The Caixin manufacturing Purchasing Managers' Index rose

European Shares Seen Opening Up On Powell's Dovish Remarks

European stocks are likely to open higher on Thursday as investors react to a dovish speech by Fed Chair Jerome Powell at the Brookings Institution in Washington.