Live Breaking News & Updates on Mutual Insurance Company
Stay updated with breaking news from Mutual insurance company. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
That european equities are largely on holiday and think that trend does actually continue. The stoxx 600 is down by 1. 1 today. Theres a big china effect, but in this youre looking at names like hsbc, which has a u. K. Effect as well, but also a chinese effect. Plus some of the miners acting as a little bit of a drag. So stoxx 600 down, maybe moving away from that 460 level. The names that i think are actually interesting today speak kind of against that narrative. The european consumer seems to be alive and well right now. The u. K. Consumer seems to be alive and well right now, which is surprising considering what is being chucked at them. Marks and spencer, the stalwarts of the british high street, has been revamping its stores, refining its strategy. Its beginning to work. Theyve upgraded their numbers. But its interesting, its not just in clothing. Its also in high end groceries as well. This is fascinating. This was unexpected. Marks and spencer responding to it. Look at that sha ....
Gaining strength again today, although really its also little changed at 1238, up only 4 100 of 1 . And crude is down another dollar 91. So crude wti back down to almost 80 a barrel at 80. 60. John. And thats certainly weighing on the canadian stock market with energy, with such a big subgroup component here. Financials is well under pressure in canada and were seeing that in the us indices. Matt mean, beyond just figuring out the story on rates and inflation from here, fitch raising some fresh concerns around the Banking Sector within the dow. Youve got jp morgan, for example, as one of the lead laggards. Its down about 2 right now. Watching tech is kind of interesting when you consider the fact that we started the day with some muscle calls, if you will, from the analysts on wall street. You had baird with bullish commentary on nvidia. You had Morgan Stanley saying despite ....
Abramowicz some Jonathan Ferro your equity market on the s p 500 slightly negative this morning fantastic lineup looking ahead retail sales just around the corner. Earnings from home depot dropping across the bloomberg tomorrow. Numbers from target results from walmart on thursday. But once again this morning, we have to begin in china. Rate cuts bramo and the data not great at all. The biggest rate cuts going back to 2020. The data coming weaker across the board. Whether it has to do with retail sales, whether it has to do with industrial production. They scrapped their youth unemployment metric, which is not exactly encouraging. And now the question is, are they preparing a big enough stimulus to really stave off weakness that is much deeper than people expected . This is the right signal. The big question, youve alluded to it, whats next . Heres the commentary this morning from standard chartered. The cut has been aggressive fr ....