Stocks Moderately Lower After Dismal Philly Fed Manufacturing Reading

Stocks are down by moderate margins in mid-morning trading on Thursday, as the June reading on manufacturing activity in the Philadelphia area saw a sharp decline. The disappointing news added to an already tepid jobless claims report released earlier, further fueling market worries… (continued at http://www.investrend.com/advfn-jun-17-10-a).

TSX Poised For A Mixed Open Thursday Amid Easing Energy, Rising Euro

Canadian stocks may open mixed Thursday amid easing energy prices and mixed economic data from both sides of the border. While the U.S. inflation numbers came in as widely expected, unexpected increase in weekly jobless claims may weigh on sentiment… (continued at http://www.investrend.com/advfn-jun-17-10-b).

Asian Markets End Mixed

Mixed trading was witnessed among the major Asian markets open for trading on Thursday. While the markets in Australia, Japan, Singapore and China ended in negative territory, the markets in India, HongKong, Indonesia, Taiwan and South Korea ended in positive territory with modest gains on optimism about global economic recovery… (continued at http://www.investrend.com/advfn-jun-17-10-c).

U.S. Economic Reports

A Labor Department report showed that consumer prices fell 0.2% month-over-month in May compared to a 0.1% drop in April. Economists expected a more modest 0.1% decline. Core consumer prices rose 0.1%, in line with expectations… (continued at http://www.investrend.com/advfn-jun-17-10-d).

Stocks In-Focus

Liberty Global (LBTYA) is likely to be in focus after it said its board has authorized an $250 million increase in its stock repurchase authorization, bringing the total authorization as of June 11th to $309 million… (continued at http://www.investrend.com/advfn-jun-17-10-e).

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