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Showing 141 - 150 of 151 results for "Commerce Department"

Morning market wrap: US bonds, stocks gain on mixed data

... markets both closed higher Thursday, with investors drawing mixed conclusions from new economic data. The Commerce Department revised up its estimate of second quarter annualised GDP growth to 3.1%, from an initial estimate of 2.4%. But the Labor Department ...

Morning market wrap: US stocks, bonds shrug off strong data

... Conference Board announced its index of consumer confidence jumped 4.3 points to 81.3 in August, while the Commerce Department reported durable goods orders rose 1.0% in July after an upwardly revised 2.6% increase in June. New home sales were also at ...

Midday market wrap: Local shares eke out modest gains

... market opened considerably weaker, in line with rising yields in the US Treasuries market. Overnight the US Commerce Department reported US retail sales jumped by 1.4% in July, and which has resulted in US economists revising higher forecasts for third ...

Morning market wrap: US bonds down on strong data

US bond yields jumped to the highest level in a year, as a report from the US Commerce Department showed retail sales surged by 1.4% in July. The consensus of markets forecasts was for an increase of just 0.9%, while the same report also included substantial ...

Morning market wrap: US stocks up on strong data

... S&P 500 advanced 2.8 points to 990.3. The Nasdaq composite index finished 14.2 points higher at 1,735.1. The Commerce Department earlier reported GDP grew at an annualised rate of 2.4% in the June quarter, while initial claims and the Chicago are NAPM ...

Morning market wrap: Dow closes at 5-week high

... (1.7%) to 998.7, while the Nasdaq composite index jumped 29.3 points (1.7%) to close at 1,730.7. Earlier the Commerce Department reported orders for durable manufactured goods jumped by 2.1% in June, the largest monthly increase since January. It was ...

Morning market wrap: US bonds claw back losses

... to 3.92%, while the yield on the 5-year bond was down 5 points to 2.76%. Gains were helped by news from the Commerce Department that excluding food and energy, consumer prices were broadly unchanged in June. But the Federal Reserve reported manufacturing ...

Morning market wrap: US bonds crunched by Greenspan

... rise in over six months. Bonds were also hurt by a raft of positive economic data, including a report by the Commerce Department that retail sales rose 0.7% in June after stripping out consumer purchases of autos. The yield on the 10-year Treasury jumped ...

Morning market wrap: US stocks up on better earnings outlook

... reports from brokerage house Merrill Lynch, which raised the recommendations on Microsoft and Wal-Mart. The Commerce Department also reported factory orders rose 0.4% in May, slightly stronger than expectations. Earlier in London, the FTSE 100 closed ...

Morning market wrap: US stocks gain amid signs of strengthening recovery

... five days - with the 32.0 point advance (2.0%) leaving the index at 1,634.6 at the close of trade. While the Commerce Department announced first quarter GDP grew more slowly than previously estimated, with the 1.9% increase revised down to 1.4%, initial ...

Editor's Choice

Super funds race to implement digital advice

VINNY VUCAGO
Australian superannuation funds are increasingly turning to digital advice tools to bridge the longstanding gap between members needs and access to affordable financial guidance, according to executives at wealth technology Bravura Solutions.

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI
SpaceX has raised US$75 billion ($106.8bn) in the biggest-ever stock market debut, valuing Elon Musk's rocket and satellite company at US$1.77 trillion.

Quinbrook appoints Australian lead

VINNY VUCAGO
Energy transition infrastructure investor Quinbrook has appointed Tim Horneman as region leader for Australia, formalising his responsibility for the firm's local investment activities and business operations.

Former ASFA COO joins housing fund manager

MATTHEW WAI
The former chief operating officer of the Association of Superannuation Funds of Australia (ASFA) has joined C1 Capital Group as chief investment and operating officer.

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