FTSE 100 Rises Ahead Of Elections; Miners Outperform
(RTTNews) - U.K. stocks traded higher on Wednesday as focus shifted to the July 4 election, which could see a possible end to 14 years of Conservative government.
The Labour Party is set to grab 484 out of the total 650 seats in the Parliament, a pre-poll company Survation projected.
The benchmark FTSE 100 was up 49 points, or 0.6 percent, at 8,170 after falling 0.6 percent on Tuesday.
Higher copper prices boosted mining stocks, with Antofagasta and Glencore both rising around 2 percent.
Retailer JD Sports fell nearly 2 percent after Barclays downgraded the stock to "underweight" from "equalweight".
Topps Tiles tumbled 3.3 percent after the tile retailer reported a sales drop in its third quarter.
Technology company Johnson Matthey rallied 2.6 percent after launching a share buyback program.
read more
U.S. Construction Spending Inches Slightly Higher In September
Reflecting an increase in spending on public construction, the Commerce Department released a report on Friday showed an uptick by U.S. construction spending in the month of September. The report said construction spending crept up by 0.1 percent to an annual rate of $2.149 trillion in September after inching up by 0.1 percent to a revised rate of $2.146 trillion in August.
RTTNews
|
4時5分前
U.S. Manufacturing Index Unexpectedly Dips To Lowest Level In Over A Year
A report released by the Institute for Supply Management on Friday showed U.S. manufacturing activity unexpectedly contracted at a modestly faster rate in the month of October. The ISM said its manufacturing PMI fell to 46.5 in October from 47.2 in September, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 47.6.
RTTNews
|
4時21分前
CPSC Recalls: Polaris ROVs, Floating Wall Theaters, Charge Case Accessory, Backpack Sprayers
The U.S. Consumer Product safety Commission or CPSC has announced recalls including Polaris Industries Inc.'s Ranger XP Kinetic Recreational Off-Road Vehicles or ROVs, Manhattan Comfort Inc.'s Floating Wall Theater Entertainment Centers and Panels, Humane Inc.'s Charge Case Accessory for Ai Pin, Harbor Freight Tools' Bauer 4-Gallon Battery-Powered Backpack Sprayers, ...
RTTNews
|
4時28分前
U.S. Employment Inches Up By 12,000 Jobs In October, Far Less Than Expected
With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October. The Labor Department said non-farm payroll employment crept up by 12,000 jobs in October compared to economist estimates for the addition of 113,000 jobs.
RTTNews
|
5時18分前
U.S. Employment Inches Up Far Less Than Expected In October
With increases in healthcare and government jobs partly offset by decreases in temporary and manufacturing jobs, the Labor Department released a report on Friday showing employment in the U.S. edged only slightly higher in the month of October.
RTTNews
|
6時6分前
Bay Street Likely To Open On Firm Note
Higher crude oil and bullion prices, and strong European stocks points to a firm start for the Canadian market Friday morning. The focus will be on U.S. non-farm payroll data, which is likely to provide some clues about the Federal Reserve's interest rate move next week.
RTTNews
|
6時21分前
UK Manufacturing Contracts For First Time Since April
The UK factory activity contracted for the first time since April as manufacturers adopted a wait-and-see approach on investment and spending ahead of the budget announcement, final data from S&P Global showed on Friday. The manufacturing Purchasing Managers' Index posted 49.9 in October, down from 51.5 in September.
RTTNews
|
7時9分前
European Shares Gain Before US Jobs Data
European stocks traded higher on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.
RTTNews
|
9時13分前
