FTSE 100 Edges Higher In Cautious Trade
(RTTNews) - U.K. stocks traded slightly higher on Thursday after falling sharply the previous day on inflation and interest-rate concerns.
The benchmark FTSE 100 was up 21 points, or 0.3 percent, at 8,204 after declining 0.9 percent on Wednesday.
Miner BHP shed 0.6 percent after it declined to walk away from a $49 billion plan to take over Anglo American. Shares of the latter edged up slightly.
Auto Trader Group, a leading automotive trading place, surged 11.5 percent after reporting full-year results ahead of expectations.
Shares of De La Rue jumped 4.1 percent. The banknote maker confirmed discussions with a number of certain parties, who have made proposals in relation to, or expressed interest in, either of the Group's divisions.
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Pred 9 h 11 min
Dollar Turns In Mixed Performance Against Major Counterparts
The U.S. dollar turned in a sluggish performance on Friday with investors assessing the Federal Reserve's likely moves with regard to interest rate reductions in the wake of most recent economic data, and Fed Chair Jerome Powell's somewhat hawkish comments.
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Pred 9 h 27 min
Canadian Shares Notably Lower
The Canadian market is down in negative territory Friday afternoon with stocks from several sectors reeling under sustained selling pressure amid uncertainty about U.S. interest rate cuts after dovish comments from Fed Chair Jerome Powell.
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Pred 11 h 47 min
Swiss Market Ends Lower On Growth Concerns
Swiss stocks tumbled on Friday, weighed down data showing a slowdown in growth, and uncertainty about Fed interest rate cuts following hawkish comments by the central bank chair Jerome Powell.
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Pred 12 h 18 min
U.S. Dollar Strengthens After Strong Retail Sales Data
The U.S. dollar climbed against its most major counterparts in the New York session on Friday, following the release of the latest batch of economic data, including a Commerce Department report showing retail sales increased by slightly more than expected in October.
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Pred 12 h 55 min
European Stocks Close Lower On Rate Cut Uncertainty, Growth Concerns
European stocks closed lower on Friday, weighed down by concerns about the outlook for U.S. interest rate cuts following Federal Reserve Chair Jerome Powell's hawkish comments. Disappointing economic data from China weighed as well.
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Pred 12 h 57 min
U.S. Business Inventories Inch Up Slightly Less Than Expected In September
With a jump by retail inventories partly offset by dips by manufacturing and wholesale inventories, the Commerce Department released a report on Friday showing U.S. business inventories crept up by slightly less than expected in the month of September. The Commerce Department said business inventories inched up by 0.1 percent in September after climbing by 0.3 percent in August.
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Pred 14 h 32 min
U.S. Industrial Production Falls 0.3% In October As Boeing Strike, Hurricanes Continue To Weigh
With the effects of recent hurricanes and the since-resolved strike at Boeing (BA) continuing to weigh on growth, the Federal Reserve released a report on Friday showing U.S. industrial production decreased in line with economist estimates in the month of October.
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Pred 14 h 42 min
