U.S. Factory Orders Spike In Line With Estimates In May

India, July 3 -- New orders for U.S. manufactured goods saw a substantial rebound in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department f... Read More

U.S. Stocks Move Notably Higher On Stronger Than Expected Jobs Data

India, July 3 -- Stocks have moved notably higher during trading on Thursday, adding to the gains posted in the previous session. With the continued upward move, the Nasdaq and the S&P 500 have reache... Read More

Starboard Value Confirms 9% Stake In TripAdvisor

India, July 3 -- According to a filing with the U.S. Securities and Exchange Commission, activist investor Starboard Value purchased 9 percent stake in Tripadvisor, Inc. (TRIP), stating that they "rep... Read More

U.S. Service Sector Returns To Growth In June

India, July 3 -- After reporting a slight contraction in U.S. service sector activity in the previous month, the Institute for Supply Management released a report on Thursday showing the service secto... Read More

U.S. Trade Deficit Widens In May As Exports Slump

India, July 3 -- A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened in the month of May amid a steep drop by the value of exports. The Commerce Department ... Read More

U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower

India, July 3 -- The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended June 28th. The report said ini... Read More

Markets Digest The Strong Jobs Data From U.S.

India, July 3 -- Markets reacted to the strong jobs report from the U.S. that defied expectations. Fading rate cut expectations from the Fed following the data release sobered sentiment. Data release... Read More

Indonesia Bourse Expected To Halt Losing Streak

India, July 3 -- The Indonesia stock market has finished lower in three straight sessions, slumping almost 50 points or 0.8 percent along the way. The Jakarta Composite Index now sits just shy of the ... Read More

U.S. Employment Jumps By 147,000 Jobs In June, More Than Expected

India, July 3 -- A closely watched report released by the Labor Department on Thursday showed employment in the U.S. increased by more than expected in the month of June. The Labor Department said no... Read More

Hong Kong Bourse May Erase Thursday's Losses

India, July 3 -- The Hong Kong stock market headed south again on Thursday, one day after snapping the three-day slide in which it had dropped more than 400 points or 1.7 percent. The Hang Seng Index ... Read More

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