CAC 40 Rises On Rate Cut Hopes

French stocks advanced on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June.

ABB Stock Up On Higher Q1 Opn. EBITA, Boost In FY24 Margin View

Shares of ABB Ltd. were gaining around 6 percent in the morning trading in Switzerland after the Swiss engineering company on Thursday reported higher Operational EBITA, a key earnings metric, in its first quarter.

FTSE 100 Edges Higher In Cautious Trade

U.K. stocks were slightly higher on Thursday as investors kept a close eye on developments in the Middle East and awaited comments later today from Bank of England policymaker Megan Greene for further clues on when the

European Shares Gain On Hopes Of ECB Rate Cut

European stocks eked out modest gains on Thursday as soft eurozone inflation data for March booted hopes for an ECB rate cut in June.

Eurozone Construction Output Rises For Third Month

Euro area construction output grew for a third straight month in February and at a stronger pace, mainly led by civil engineering works and rebound in building construction, preliminary data from the statistical office

First Community Q1 EPS Meets Estimates, But Revenues Top

First Community Corp. (FCCO), the holding company for First Community Bank, reported Wednesday that net income for the first quarter declined to $2.60 million or $0.34 per share from $3.46 million or $0.45 per share in

Atlanta Fed Survey Finds Business Inflation Expectations Edged Down To 2.3% In April

Year-ahead inflation expectations among businesses in the southeast U.S. edged slightly lower in the month of April, according to the results of a survey released by the Federal Reserve Bank of Atlanta on Wednesday.

U.S. Crude Oil Inventories Extend Recent Surge

Extending the surge seen over the past few weeks, crude oil inventories in the U.S. once again increased more than expected in the week ended April 12th, according to a report released by the Energy Information

Euro Higher Against Majors

The euro was higher against its major counterparts in the European session on Wednesday, as investors cheered inflation data out of U.K and Eurozone.

U.S. Economy Grows Slightly, Prices Increase Modestly, Says Fed's Beige Book

The Federal Reserve released a report on Wednesday saying overall U.S. economic activity has expanded slightly since late February. The Fed's Beige Book, a compilation of anecdotal evidence on economic conditions in each