FTSE 100 Holds Steady; Mining And Energy Stocks Gain
(RTTNews) - U.K. stocks were marginally higher on Monday as higher commodity prices boosted mining and energy stocks.
The British pound weakened amid strength in the dollar, but remained above the $1.30 level.
The benchmark FTSE 100 was marginally higher at 8,364 after declining 0.3 percent on Friday.
Miners Anglo American, Antofagasta and Glencore were up between half a percent and 1.2 percent.
Energy giant BP Plc rose nearly 2 percent and peer Shell added 1.1 percent.
FirstGroup rose 1.3 percent after confirming the acquisition of coach company Anderson Travel.
Hollywood Bowl rallied 2.5 percent. The ten-pin bowling operator said it expects to beat market forecasts for adjusted earnings in fiscal 2024.
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U.S. Dollar Moves To The Upside After Early Volatility
After seeing considerable volatility earlier in the day, the value of the U.S. dollar has moved higher over the course of trading on Friday.
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vor 9Std 12 Minuten
Swiss Stock Market Extends Win Streak To Four Sessions
The Swiss stick market was in the green from start to finish on Friday, rising optimism over the outlook for interest rates and extending recent gains.
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vor 11Std 11 Minuten
Swiss Franc Drops Against Most Majors
The Swiss franc fell against its most major counterparts in the New York session on Friday.
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vor 11Std 26 Minuten
Rate Cut Hopes Boost European Stock Markets
Optimism over interest rate cuts had traders in a happy mood on Friday as the major European stock markets finished solidly to the upside, extending recent gains.
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vor 11Std 48 Minuten
Japanese Yen Declines Against Majors
The Japanese yen weakened against its major counterparts in the New York session on Friday.
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vor 12Std 7 Minuten
U.S. Industrial Production Jumps In December As Utilities, Mining Output Surges
Industrial production in the U.S. increased by much more than expected in the month of December, according to a report released by the Federal Reserve on Friday. The Fed said industrial production jumped by 0.9 percent in December after rising by a revised 0.2 percent in November.
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vor 15Std 14 Minuten
U.S. Housing Starts Skyrocket To Ten-Month High In December
A report released by the Commerce Department on Friday showed new residential construction in the U.S. surged by much more than anticipated in the month of December. The Commerce Department said housing starts soared by 15.8 percent to an annual rate of 1.499 million in December after tumbling by 3.7 percent to a revised rate of 1.294 million in November.
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vor 16Std 7 Minuten
U.S. Industrial Production Jumps Much More Than Expected In December
Industrial production in the U.S. increased by much more than expected in the month of December, according to a report released by the Federal Reserve on Friday.
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vor 16Std 21 Minuten
