FTSE 100 Recovers From Early Dip
(RTTNews) - U.K. stocks were little changed on Wednesday, as investors awaited the release of U.S. inflation data later in the day for more clarity on the Fed's near-term policy outlook. The benchmark FTSE 100 was marginally higher at 7,493, recovering from an early slide on the back of better-than-expected earnings.
Prudential rose over 1 percent. The insurer warned of challenging conditions for the rest of the year after posting an 8 percent rise in first-half operating profit.
Aviva jumped more than 9 percent. The insurer unveiled plans to return more cash to shareholders after posting better-than-expected earnings for the first-half of the year.
Similarly, Admiral Group surged 4.7 percent after delivering a solid set of interim results.
Holiday group TUI gained 1 percent after its EBIT loss narrowed for the third quarter of fiscal 2022.
European Shares Drift Lower Ahead Of US Inflation Reading
Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
Asian Shares Mixed Ahead Of US PCE Inflation Data
NZ Dollar Advances Against Majors
Australian Dollar Rises Against Majors
European Shares Seen Mostly Lower Before US Inflation Data
Sensex, Nifty Struggle For Direction In Early Trade
