Year: 2021

Mexican economy stumbles in October after weak third quarter By Reuters

seohan 6 months ago

© Reuters. FILE PHOTO: Workers are seen in a building undergoing construction at Mexico City, Mexico January 30, 2020. REUTERS/Andres Martinez Casares

MEXICO CITY (Reuters) – The Mexican economy unexpectedly shrank by 0.2% in October from the previous month, as the country’s faltering recovery from the impact of the COVID-19 pandemic dragged into the fourth quarter, official data showed on Friday.

October’s seasonally-adjusted contraction was the third month-on-month decline in economic activity in a row, figures from national statistics agency INEGI showed.

A Reuters poll of analysts had forecast the economy would grow by 0.8% during October following a disappointing

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ETF assets close to $10tn after second year of record growth

seohan 6 months ago

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More than $1tn in new cash has poured into the exchange traded fund industry in 2021, with equity-focused ETFs attracting strong inflows in the closing weeks of the year even as concerns about the Omicron coronavirus variant weigh on investor confidence.

Net global inflows into ETFs (funds and products) had reached $1.14tn by the end of November, compared with the record annual haul of $762.8bn gathered over the whole of 2020, according to ETFGI,

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Stock Market Information

seohan 6 months ago

Learn more in regards to the City’s response to COVID-19 and its vaccination efforts at chicago.gov/covid. Due to the Coronavirus pandemic, Experimental Station’s Link Up Illinois Program will match much more of your SNAP/Link benefits! Previously, Link Match was capped at $25 Link Match per day, per cardholder. So each time you visit the SNAP/Link booth, we will match greenback for dollar as much as $25 in … Read More

European stocks climb on easing concerns over Omicron variant

seohan 6 months ago

European stocks climbed for the third day on Thursday, as global markets continued their recovery from a bout of jitters over the Omicron coronavirus variant that shook investor sentiment last month.

The Stoxx Europe 600 index edged 0.3 per cent higher, with bourses in London, Frankfurt and Paris also advancing. The gains followed a 0.8 per cent rise on Thursday for MSCI’s broad Asia-Pacific index and a 1 per cent jump overnight for Wall Street’s S&P 500. Futures tracking the S&P 500 were little changed early in Chicago trading on Thursday.

Markets appeared in November to be poised to end

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Financial News

seohan 6 months ago

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Paychex Earnings, Revenue Beat in Q2 By Investing.com

seohan 6 months ago

© Reuters. Paychex Earnings, Revenue Beat in Q2

Investing.com – Paychex (NASDAQ:) reported on Wednesday second quarter that beat analysts’ forecasts and revenue that topped expectations.

Paychex announced earnings per share of $0.91 on revenue of $1.11B. Analysts polled by Investing.com anticipated EPS of $0.7974 on revenue of $1.06B.

Paychex shares are up 23% from the beginning of the year, still down 0.31% from its 52 week high of $126.82 set on November 22. They are outperforming the Nasdaq which is up 19.03% from the start of the year.

Paychex shares gained 3.61% in pre-market trade following the report.

Paychex

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