Canada's benchmark stock index closed higher on Thursday, lifted by gains in the materials, clean technology, and financial sectors. The advance came as gold prices rose, though crude oil prices declined.
The largest U.S. radio station owner has agreed to a consent decree with the Federal Communications Commission, resolving an investigation into claims it tied artists' airtime to their performance at station events.
Bank of America has identified its top North American metals and mining stocks even as its commodities team slashes near-term price forecasts, signaling a shift toward selective, company-specific opportunities.
B. Riley Securities named The Oncology Institute its 'Best Idea' from its May conference, citing the company's successful refinancing of an $86 million debt obligation. The firm reiterated its Buy rating and $8 price target, believing the move removes a key financial overhang for investors.
IHeartMedia, the largest U.S. radio operator, has entered into a consent decree with the FCC to resolve an investigation into claims it pressured artists to perform at its events in exchange for airtime.
Sweden's benchmark OMX Stockholm 30 index closed up 1.33% on Thursday, lifted by strong gains in the telecom and materials sectors. Ericsson was the top performer, while AstraZeneca shares declined.
Belgium's benchmark stock index, the BEL 20, finished Thursday's session with modest gains, driven by strong performance in the technology and financial sectors. Semiconductor firm Melexis led the advance with a significant jump.
Italy's benchmark stock index, the Investing.com Italy 40, gained 1.08% on Thursday, buoyed by a strong performance in technology and financial shares. Semiconductor firm STMicroelectronics was the session's top gainer, surging over 7%.
Spain's benchmark stock index closed higher on Thursday, with the IBEX 35 gaining 1.14% as strength in consumer goods, financial services, and construction sectors offset losses in telecommunications.
