“Our economy is better but it’s still mixed.” European shares pared their losses and turned higher on Thursday with the easing of geopolitical tensions in Ukraine helping investor sentiment. But flat GDP growth across the Eurozone, below expectations, and the first contraction in over a year of Germany’s economy still signaled underlying stress. “It’s clear that the German market has suffered so much from what is going on in Russia,” Boockvar said. On Thursday morning, the webpage Department of Labor reported an increase to 311,000 in claims for unemployment benefits, above forecasts of 295,000, from 289,000 in the previous week. Earlier, the futures index struggled for direction, but turned higher after Vladimir Putin said Russia would do “everything in our power” to end the bloodshed in Ukraine.
Japan Stocks Trickle Down, But Sony Shares Rally | Fox Business
each 1.8% lower, while Inpex Corp. fell 2.1%. Auto-maker stocks took more modest losses, as Toyota Motor Corp. fell 0.3%, Honda Motor Co. lost 0.4%, and Nissan Motor Co.
Stocks Showing A Lack Of Direction In Early Trading – U.S. Commentary – NASDAQ.com
The company also cut its full-year earnings outlook, saying that, “Our guidance includes incremental investments in e-commerce and headwinds from higher healthcare costs in the U.S. than previously estimated.” Following the report, BI’s Hayley Peterson highlighted the company’s major problem: its Supercenter stores. 4. , saw shares sell-off sharply after disappointing earnings reports. Red Robin fell more than 18% after reporting adjusted earnings that came in well below expectations, while profit margins were also leaner compared to last year.
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Premarkets: 4 things to know before the open – Aug. 15, 2014
The strength in the sector comes amid a modest increase by the price of gold. In overseas trading, stock markets across the Asia-Pacific region turned in yet another mixed performance on Thursday. Japan’s Nikkei 225 Index advanced by 0.7 percent, while Hong Kong’s Hang Seng Index fell by 0.4 percent. Meanwhile, the major European markets have all moved to the upside on the day.