Category: steady

European Stocks Steady as Nestle Shines in Mixed Bag of Earnings

European shares were flat on Wednesday as strong results from Nestle boosted food company stocks and made up for disappointing earnings from a clutch of firms, including French luxury group Kering and Dutch semiconductor company ASML. The pan-European STOXX 600 index inched up 0.1 percent, reversing slight opening losses after Asian peers tracked a strong…


Futures Hold Steady Ahead of September Jobs Data

U.S. stock index futures were largely flat on Friday ahead of September jobs data that is likely to set off the Federal Reserve’s withdrawal of its policy support later this year. Wall Street rallied on Thursday, led by mega-cap technology stocks as the U.S. Senate approved legislation to temporarily raise the federal government’s $28.4 trillion…


World Stocks Steady Near Lows as Inflation Jitters Ease

MILAN—World shares steadied near lows on Tuesday as worries that rising oil prices will feed inflationary pressures appeared to ease, while the dollar regained strength ahead of U.S. payrolls data on Friday seen as key to the Federal Reserve’s next move. MSCI’s gauge of global stocks was down 0.1 percent by 0823 GMT but off…


Oil Steady Ahead of OPEC+ Supply Policy Meeting

LONDON—Oil was steady on Monday ahead of a meeting by OPEC and its allies which may determine whether a recent rally in prices amid supply shocks and a recovery from the COVID-19 pandemic will be sustained. Brent crude was down 6 cents or 0.1 percent at $79.22 per barrel by 0935 GMT. It rose 1.5…


Irish Consumer Sentiment Steady Near Pandemic High in September

DUBLIN—Irish consumer sentiment remained steady in September just below the two-year high recorded in June, a survey showed on Thursday, as the government prepared to lift almost all pandemic restrictions within weeks. The government has named Oct. 22 as its target date to drop most restrictions, with more than 90 percent of the adult population…


BOJ Keeps Policy Steady, Offers Gloomier View on Exports and Output

TOKYO—The Bank of Japan kept monetary policy steady on Wednesday but offered a bleaker view on exports and factory output, as Asian factory shutdowns caused supply-chain disruptions for some manufacturers. As widely expected, the BOJ maintained its short-term interest rate target at—0.1  percent and that for 10-year government bond yields around zero percent. “Exports and…