FTSE 100 Rises As US Recession Worries Ease

RTTNews | 209天前
FTSE 100 Rises As US Recession Worries Ease

(RTTNews) - U.K. stocks advanced on Friday as positive weekly jobless claims data eased some of worries of a recession in the world's largest economy.

Also, a measure of China's consumer price inflation surged to a five-month high, providing much-need positive news on the world's second-largest economy.

The benchmark FTSE 100 was up 55 points, or 0.7 percent, at 8,201 after declining 0.3 percent on Thursday.

Revolution Bars Group soared more than 16 percent. The troubled bar firm has secured a High Court's judge approval for its restructuring plan.

Bellway rallied nearly 3 percent. The housebuilder expects to return to growth in fiscal 2025 if market conditions remain stable.

Hargreaves Lansdown climbed 2.3 percent. The investment platform has agreed to a 5.44 billion-pound ($6.94 billion) takeover by a consortium backed by private equity firm CVC Capital Partners.

read more
Japanese Market Sharply Lower

Japanese Market Sharply Lower

Giving up the gains in the previous two sessions, the Japanese market is sharply lower on Friday, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 37,100 level, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | 6小時0分鐘前
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the psychological 8,000 mark, with weakness across most sectors led by financial and technology stocks.
RTTNews | 6小時23分鐘前
Dollar Stays Weak Against Most Major Counterparts

Dollar Stays Weak Against Most Major Counterparts

The U.S. dollar stayed weak against most of its major counterparts on Thursday, although the decline was not any significantly pronounced. Traders continued to track the developments on the tariff front, and digested the latest batch of economic data, and the European Central Bank's decision to lower interest rates once again.
RTTNews | 8小時58分鐘前
Oil Futures Settle Slightly Higher

Oil Futures Settle Slightly Higher

Oil futures settled slightly higher on Thursday after some wild swings amid uncertainty about the outlook for oil demand, and on possible excess supply in the market.
RTTNews | 10小時34分鐘前
U.S. Dollar Weakens As Tariff Concerns Ease

U.S. Dollar Weakens As Tariff Concerns Ease

The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month.
RTTNews | 11小時26分鐘前
Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

The Switzerland market ended weak on Thursday, after languishing in negative territory right through the day's session as worries about global growth due to stringent tariffs by the U.S. on imports from Canada and Mexico rendered the mood a bit bearish.
RTTNews | 12小時14分鐘前