FTSE 100 Slips Into Red Ahead Of PMI Data
(RTTNews) - U.K. stocks declined on Tuesday as investors awaited the latest business activity data for directional cues.
The benchmark FTSE 100 dropped half a percent to 7,750 after closing 0.2 percent higher on Monday.
Drug makers led losses, with AstraZeneca down 2.3 percent.
Primark-owner Associated British Foods fell about 1 percent despite reporting a 20 percent jump in revenue in the 16 weeks to 7 January 2023.
Brewing and pub giant Marston soared 6 percent after reporting positive sales for the festive period.
Components and systems manufacturer Senior Plc surged 10 percent after saying it expects annual profit to top consensus.
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TSX Ends Weak As Communications, Tech Stocks Decline
The Canadian market closed weak on Friday, weighed down by losses in communications, healthcare and technology sectors.
Besides reacting to earnings updates, investors digested Canadian jobs data, and assessed the non-farm payroll data from the U.S. Labor Department as well.
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19h 39min ago
Dollar Rises Against Major Counterparts
The U.S. dollar climbed higher on Friday as the Labor Department's non-farm payroll data raised bets the Federal Reserve will hold rates unchanged at its next meeting.
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20h 29min ago
Swiss Market Ends On Weak Note After Choppy Session
The Switzerland market closed weak on Friday after a choppy session, as investors stayed a bit reluctant to make significant moves after recent upswing.
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23h 37min ago
U.S. Dollar Jumps After Jobs Data
The U.S. dollar firmed against its most major counterparts in the New York session on Friday, as the latest jobs data showed a drop in the unemployment rate and strong wage growth.
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23h 48min ago
European Stocks Close Lower After Cautious Session
European stocks closed lower on Friday with the mood turning cautious as investors assessed the latest batch of economic data from the U.S. and Europe, and reacted to a slew of earnings updates while awaiting clarity on the Trump administration's trade policies and tariff moves.
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1 day ago
Canadian Market Modestly Lower After Jobs Data
The Canadian market is down in negative territory on Friday after data showing a drop in the nation's unemployment rate dimmed prospects of a rate cut by the Bank of Canada in March.
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1 day ago
U.S. Wholesale Inventories Decrease In Line With Estimates In December
The Commerce Department released a report on Friday showing wholesale inventories in the U.S. decreased in line with economist estimates in the month of December.
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1 day ago
U.S. Consumer Sentiment Unexpectedly Slumps In February As Inflation Expectations Surge
Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of February, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index slumped to 67.8 in February after rising to 71.1 in January. Economists had expected the index to inch up by to 72.0.
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1 day ago
