Sensex, Nifty Drift Lower As IT Stocks Drag

Eurozone Inflation Remains Stable At 2.2%

Euro area annual inflation remained stable in April near the European Central Bank's 2 percent target, but the trade tariff uncertainty clouds the outlook. The harmonized index of consumer prices grew 2.2 percent on a yearly basis in April, the same pace of increase as seen in March, flash data from Eurostat showed on Friday. Prices were expected to climb at a slower pace of 2.1 percent.

RTTNews | 12 minutes ago

Eurozone Manufacturing Activity Shrinks At Slower Pace

Euro area factory activity contracted at a slower pace in April as production grew at the fastest pace in more than three years, final data of the purchasing managers' survey by S&P Global showed Friday. The HCOB manufacturing Purchasing Managers' Index rose to a 32-month high of 49.0 in April from 48.6 in March. The score was also above the flash estimate of 48.7.

RTTNews | 24 minutes ago

Bay Street May Open Higher

The Canadian market is likely to open on a positive note on Friday, tracking firm European stocks amid easing concerns over U.S.-China trade tensions after Beijing stated its willingness to engage in tariff negotiations with the United States.

RTTNews | 27 minutes ago

U.S. Employment Jumps Much More Than Expected In April

Job growth in the U.S. far exceeded economist estimates in the month of April, according to a closely watched report released by the Labor Department on Friday.

RTTNews | 37 minutes ago

SharkNinja Recalls 1.85 Mln Pressure Cookers

SharkNinja Operating LLC is recalling about 1.85 million units of Foodi Multi-Function Pressure Cookers citing risk of burn, and after 26 lawsuits were filed, according to the U.S. Consumer Product Safety Commission or CPSC. In addition, about 184,240 units were sold in Canada. The agency noted that the pressure-cooking lid can be opened during use, causing hot contents to escape.

RTTNews | 54 minutes ago