U.S. underlying inflation stirring; labor market tightening

Reuters | Jul 11, 2019 at 4:27 PM

U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services.

More sources
  • U.S. core CPI posts biggest gain in nearly 1-1/2 years (Reuters: Jul 11, 2019 at 12:30 PM)

French shares drop 0.28 pct

Xinhua News Agency | Jul 11, 2019 at 4:25 PM

French shares dropped on Thursday, with the benchmark Paris CAC 40 down 0.28 percent, or 15.64 points, to close at 5,551.95 points.

German shares edge down

Xinhua News Agency | Jul 11, 2019 at 4:19 PM

German stocks edged down on Thursday, with the benchmark DAX index down 41.29 points, or 0.33 percent, to close at 12,332.12 points.

FTSE 100 drops as healthcare giants overshadow Fed-driven rally

Reuters | Jul 11, 2019 at 4:06 PM

London’s main index skidded for the sixth straight session on Thursday as investors sold off healthcare stocks after Washington withdrew a rebate rule aimed at lowering drug prices, and a Fed-fuelled rally fizzled out.

Major stock market indices worldwide

Xinhua News Agency | Jul 11, 2019 at 3:10 PM

The following are the indices of major stock markets worldwide on Thursday.

More sources
  • Major stock market indices worldwide (Xinhua News Agency: Jul 11, 2019 at 2:32 AM)

Dow tops 27,000 as Trump’s decision on rebate boosts healthcare

Reuters | Jul 11, 2019 at 2:25 PM

The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on Thursday, lifted by technology and healthcare stocks and raised bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks.