Tag: cent
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US stocks hit fresh records as oil stabilises on rising supplies
NEW YORK: Stock markets firmed Tuesday with the Nasdaq and S&P 500 hitting record highs in the United States, as oil prices retreated on easing supply worries, which helped temper concerns about rising government borrowing costs.On Wall Street, the technology-focused Nasdaq index advan
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Euro bounces as decline in French bond yields cools debt jitters
NEW YORK, Oct 6 : The euro rebounded on Tuesday and was poised for its strongest move higher in seven weeks after falling to a 17-month low on the prior day, as a pullback in French government bond yields eased fears about strain in euro zone debt markets.The euro zone’s currency jumped 0.35 per cent,…
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US software stocks scale fresh 2026 highs as AI disruption worries fade
Oct 6 : US software stocks are touching fresh 2026 highs, supported by a sharp rise in earnings expectations, which according to several analysts indicate that fears over AI-led disruption in the sector were largely overstated.The S&P 500 software and services index rose 1.3 per cent on Tuesday to its highest
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Euro bounces as falling French bond yields temper debt concerns
NEW YORK, Oct 6 : The euro rebounded on Tuesday and was on pace for its strongest move higher in a month after falling to its lowest in 17 months in the prior day, as a pullback in French government bond yields cooled fears about strain in euro zone debt markets.The euro zone’s currency climbed…
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Thai September headline CPI rises 2.82% on year, below forecast
BANGKOK, Oct 6 : Thailand’s headline consumer price index rose 2.82 per cent in September from a year earlier, after a 2.53 per cent annual increase in the previous month, driven by higher fuel and food prices, the commerce ministry said on Tuesday.• The reading compared with a forecast rise of 3.06 per ce
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Asian shares track Wall Street higher, Treasury yields near multi-decade highs
SYDNEY, Oct 6 : Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.The euro languished near 17-month lows after briefly touching $1.116 overnight
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Philippine annual inflation at 7.2% in September
MANILA, Oct 6 : Philippine annual inflation accelerated to 7.2 per cent in September from 6.1 per cent in August, the statistics agency said on Tuesday. • Economists in a Reuters poll had expected annual inflation of 6.6 per cent.• The September reading was within the central bank’s forecast of 6.
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Nasdaq hits record as dollar and Treasury yields climb, oil prices ease
Oct 5 : Wall Street equities were buoyed by advances in mega-cap stocks on Monday, as Treasury yields held near multiyear highs, the dollar advanced against the euro, and oil prices relented.US stock indexes were supported by heavyweight technology companies such as Nvidia , Meta Platforms ,
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Trading Day: Nasdaq highs, Brazil surprise
ORLANDO, Florida, Oct 5 : The Nasdaq surged to a fresh high on Monday, as earnings optimism and lower oil prices offset rising bond yields. The biggest moves of the day were in Brazilian assets, which logged historic gains after right-wing candidate Flavio Bolsonaro’s strong showing in the first round of voting in t
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Euro slides as concerns about French debt mount
NEW YORK: The euro slid Monday (Oct 5) to its lowest level against the dollar in 17 months on worries about France’s high debt and deficits, which have sent its government bond yields soaring.But equities traded broadly higher despite the pressure of elevated bond yields, with the Nasdaq hitting
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