Consumer discretionary stocks are found wherever ordinary people spend money on items that aren't basic necessities of life. These companies don't make paper towels, soap, and frozen vegetables, but some of them land very close to these everyday staples. In fact, you might argue
Futures for Canada's main stock index pointed to a higher open on Friday after a mild recovery in U.S. tech stocks following a plunge in the previous session that was sparked by a sell-off on Wall Street.
(RTTNews) - Consumer Price Index might be the highlight on Friday. Investors are keenly following the developments in the COVID-19 infections and efforts to develop an effective vaccine.
European shares struggled for momentum on Friday as doubts about extra monetary stimulus and overnight falls in U.S. big tech shares kept investors on edge.
The European Union stepped up planning for a 'no-deal' Brexit on Friday after Prime Minister Boris Johnson's government refused to revoke an ultimatum on breaking the divorce treaty that Brussels says will sink four years of talks.
The Turkish lira slipped on Friday after the EU threatened sanctions, while emerging market stocks steadied after recent losses but rising trade tensions and worries about a shaky global economic rebound still weighed.
Altice Europe's billionaire founder Patrick Drahi has offered to buy all the shares he does not already own in the telecoms and cable group, in a deal valuing the group at 4.9 billion euros ($5.8 billion).
Chinese banks extended more new loans in August than the previous month, while broad credit growth quickened, pointing to continued policy support to help the economy recover from a coronavirus-induced slump.
(RTTNews) - Asian stocks ended mixed on Friday following the weak cues overnight from Wall Street as tech stocks resumed their decline after a one-day respite and U.S. lawmakers failed to reach agreement on a new coronavirus stimulus bill.
European shares rose in choppy trading on Friday as investors weighed signs of a pick up in M&A activity against the economic threat from growing prospects of a no-deal Brexit.
London's FTSE 100 edged higher after a muted open on Friday, with investors maintaining a cautious stance around Brexit tensions and a tech rout on Wall Street, while Rio Tinto gained after the miner said its chief executive officer will step down.
Japan's Sharp Corp said on Friday it has won a patent infringement lawsuit against Daimler in Germany, a ruling that could enforce a sales ban against the German automaker.
South African industrial gas supplier African Oxygen (Afrox) reported a 31% drop in half-year earnings on Friday as lower sales volumes and higher sourcing costs for liquefied petroleum gas (LPG) weighed on profits.
Indonesia's stock and currency markets touched multi-month lows on Friday as fresh COVID-19 restrictions in Jakarta ate into hopes of an economic recovery, while overnight selling on Wall Street kept sentiment across Asia subdued.
The euro rose slightly on Friday as traders noted European Central Bank policymakers' calm approach to the euro's recent appreciation, while the Norwegian crown surged on official forecasts the economy will now contract by less than predicted.
Britain struck its first post-Brexit trade deal with Japan on Friday, hailing the agreement as a "historic moment", just as it is struggling to clinch a deal with its closest trading partners in the European Union.
Singapore state investor Temasek Holdings is considering an investment in the initial public offering (IPO) of Chinese financial technology company Ant Group, which could be the world's biggest IPO, two people familiar with the matter said.
Turkey's central bank said on Friday the country's current account deficit in July narrowed to $1.817 billion. The figure is less than a Reuters forecast for a deficit of $2 billion.
A significant repricing of GBP/USD downside risk via FX options shows the true scale of how this forward looking derivative perceives the risk to GBP from the recent break-down in Brexit talks.