News Results

* Yields inch higher after economic data surprises to upside. * Market awaits jobs numbers, other Q3 data, for Fed's rate path. * Treasury to auction $44 billion in seven-year notes in afternoon. By Matt Tracy.

The Fayetteville City Council will decide in October whether to put bonds backed by an extension of a one-cent sales tax on the March 2026 ballot.

* FTSE 100 down 0.4%, FTSE 250 down 0.5% * British medical equipment shares slide on US tariffs fears. * Petershill Partners (PHLLF) fall amid delisting plan. * Mitchells & Butler dives on weak Q4 sales growth.

* Indexes down: Dow 0.12%, S&P 500 0.40%, Nasdaq 0.38% * Initial claims for state unemployment benefits drop. * Intel (INTC) rises on report chipmaker seeking investment from Apple (AAPL). * CarMax (KMX) falls to lowest in over five years. By Niket Nishant and Sukriti Gupta.

Federal Reserve Bank of Kansas City President Jeff Schmid said that the central bank should continue its focus on curbing inflation, as the job market is "largely in balance."

Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.30%. ?Following several weeks of decline, mortgage rates inched up this week,? said Sam Khater, Freddie Mac?s Chief Economist.

* Bond yields tick higher after upbeat US economic data. * Geopolitical risks fail to move the bond market. * Hopes for fiscal stimulus to boost German economy fading. By Stefano Rebaudo.

* Equities fall on dampening rate cut hopes. * Dollar holds gains while Treasury yields rise. * Switzerland keeps interest rates at zero. * Oil eases back from 7-week closing high. By Sin?ad Carew and Marc Jones.

* US GDP data stronger than expected. * Dollar index rises to two-week high. * Euro drops to two-week low against dollar. * Swiss franc falls after SNB leaves rates unchanged. By Chibuike Oguh.

NGEx Minerals (NGXXF) said Thursday that it plans to conduct up to 25,000 meters of diamond drilling as part of its phase-four exploration plan at the Lunahuasi copper-gold-silver project in Argentina. The phase four program is scheduled to start in early October and will likely continue until May 2026.

All three major US stock indexes were down in late-morning trading Thursday after the Commerce Department reported a significant upward revision to Q2 gross domestic product and weekly jobless claims came in below expectations. US economic growth, measured by GDP, was revised up to a 3.8% increase in Q2 from the previously reported 3.3%, the Commerce Department said Thursday.

Brazilian central bank chief Gabriel Galipolo said on Thursday that policymakers remain data-driven in their decisions, noting that the economic scenario has been unfolding as expected under a restrictive monetary policy stance.

The Swiss central bank held its policy rate at 0% on Thursday as widely anticipated, said Scotiabank. President MartinSchlegel said that while SNB is well aware of the costs to going negative, "if it's really necessary to fulfill our mandate we are ready to use all the tools that are available-also negative interest rates."

The Kansas City Fed monthly manufacturing index rose to a reading of 4 in September from 1 in August, above expectations for a smaller increase to a 2 print in a survey compiled by Bloomberg as of 7:35 am ET, indicating faster expansion in the sector. Other regional manufacturing data already released have been mixed.

National Bank of Canada Wednesday increased Paramount Resources' (PRMRF) price target to $27.50 from $25 with a sector perform rating. The company received a higher target after recently providing an operations update highlighting the value momentum being generated within the business, including the sale of its stake in NuVista Energy (NUVSF) for $300 million.

The U.S. economy grew 3.8% in the second quarter, much higher than previously reported, sending yields higher and risk assets lower.

Bridge 2 Technologies, a leading global ERM platform that drives business growth by connecting corporations, small and emerging businesses, suppliers, investors, advisors and professionals, announced a strategic partnership with the Women Presidents Organization, a membership organization where dynamic and diverse women business leaders around the world tap into collective insight with exclusiv...

U.S. Treasury yields rose on Thursday following stronger-than-expected second-quarter economic data that could strengthen the case for a rates pause from the Federal Reserve at its next October meeting. The benchmark U.S. 10-year Treasury note yield was last up 4.6 basis points at 4.193%. It hit its highest level since September 5 on Monday.

Sweden's Riksbank rate cut to 1.75% on Wednesday surprised markets, but was supported by weak economic data and a strong krona SEK), resulting in a lower EUR/SEK, said UBS. United States tariffs and a sluggish labor market continue to weigh on Sweden's economy, but fiscal stimulus and favorable global conditions support the krona, wrote the bank in a note to clients.

* Indexes down: Dow 0.42%, S&P 500 0.86%, Nasdaq 1.19% * Initial claims for state unemployment benefits drop. * Intel (INTC) rises on report chipmaker seeking investment from Apple (AAPL). * Oracle looks to raise $18 billion in debt; shares down. By Niket Nishant and Sukriti Gupta.

Existing-home sales remained essentially the same in August, ticking down by 0.2% from July, according to the National Association of REALTORS? Existing-Home Sales Report. Month-over-month sales increased in the Midwest and West, and fell in the Northeast and South.

-Sales of previously owned U.S. homes ticked lower in August amid affordability issues for buyers thanks to still-pricey homes on the market and interest rates on mortgages that remain relatively steep despite recent drops in borrowing costs.

* Sales dip amid affordability issues and high mortgage rates. * NAR economist Yun sees potential sales boost from declining mortgage rates. * Regional sales mixed; Midwest benefits from better affordability.

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 1% on Thursday.

* US weekly jobless claims fall. * August PCE data to show 0.3% m/m rise, per Reuters poll. * Palladium gains over 2% By Sherin Elizabeth Varghese. Gold pared gains on Thursday after U.S. weekly jobless claims unexpectedly declined, while investors awaited key inflation data that could shape the Federal Reserve's next interest rate moves.

The pace of US existing home sales fell by 0.2% to a 4.00 million seasonally adjusted annual rate in August from 4.01 million in July, compared with a larger expected decrease to a 3.95 million rate in a survey compiled by Bloomberg as of 7:35 am ET, data from the National Association of Realtors released Tuesday showed. Total sales were still up 1.8% from a year earlier.

Global debt hit a record high of $337.7 trillion at the end of the second quarter, driven by easing global financial conditions, a softer U.S. dollar and a more accommodative stance from major central banks, a quarterly report showed on Thursday.

Wall Street's main indexes opened lower on Thursday, as fresh economic data and remarks from a Federal Reserve official tempered optimism around further rate cuts. The Dow Jones Industrial Average fell 23.8 points, or 0.05%, at the open to 46,097.43. The S&P 500 fell 29.8 points, or 0.45%, to 6,608.19?, while the Nasdaq Composite dropped 179.1 points, or 0.80%, to 22,318.766.

Canada's Parliamentary Budget Officer Thursday revised down its economic outlook, citing increased trade uncertainty and the impact of tariffs. Real gross domestic product is now projected to grow 1.2% in 2025 and 1.3% in 2026, compared with March forecasts of 1.7% and 1.5%, respectively, the PBO said.

Inflation in Brazil sped up in the month to mid-September after briefly dipping into negative territory a month earlier, though it still undershot market expectations, data from statistics agency IBGE showed on Thursday. The figures come as Brazil's central bank signaled it was entering a " new stage.

Rockefeller Asset Management, the asset management division of Rockefeller Capital Management, celebrates the one-year anniversary of its municipal bond ETFs: Rockefeller Opportunistic Municipal Bond ETF, Rockefeller California Municipal Bond ETF, and Rockefeller New York Municipal Bond ETF.

* Futures down: Dow 0.29%, S&P 500 0.51%, Nasdaq 0.29% * Initial claims for state unemployment benefits drop. * Intel (INTC) rises on report chipmaker seeking investment from Apple (AAPL). * Oracle looks to raise $18 billion in debt; shares down. By Niket Nishant and Sukriti Gupta.

Gold rose early on Thursday, rising off a day-prior drop even as the dollar and treasury yields rose after U.S. initial jobless claims slowed last week and second-quarter gross domestic product growth was revised higher. Gold for December delivery was last seen up $16.90 to US$3,785.00 per ounce, after falling off a record US$3,815.70 set on Tuesday.

-Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Thursday that last week's central bank interest-rate cut was needed to help ensure that the job market remains in a good place.

* Schmid says Fed is close to meeting its mandates. * Schmid says slightly restrictive rate policy is right place to be. * Schmid said future rate moves will be data dependent. By Michael S. Derby. Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Thursday that last week's central bank interest-rate cut was needed to help ensure that the job market remains in a good place.

By Jamie McGeever. There's little prospect of the Federal Reserve changing its 2% inflation target right now. Figures on Friday are expected to show that U.S. inflation in August exceeded the Fed's 2% goal for the 54th month in a row. And there's every likelihood that inflation won't get back to 2% for several more months, probably years. Even that timeline could prove to be tough.