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FTSE Edges Lower As Yields Jump On Debt Concerns
(RTTNews) - U.K. stocks traded lower on Tuesday as the 30-year gilt yield hit a 27-year high at 5.680 percent in early trading on rising debt concerns, in a pre-budget blow for chancellor Rachel Reeves.
Traders also shifted focus to upcoming U.S. employment data for clues on the Federal Reserve's next steps.
The benchmark FTSE 100 dropped half a percent to 9,155 after ending marginally higher on Monday.
British Gas owner Centrica fell 1.5 percent after announcing it has extended the life of two of its U.K. nuclear power stations in which it has a 20 percent share.
Low-cost carrier Wizz Air Holdings tumbled 3 percent despite reporting a robust 11.4 percent year-on-year increase in passenger traffic for August 2025.
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U.S. Jobless Claims Rise More Than Expected To Two-Month High
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th. The Labor Department said initial jobless claims climbed to 237,000, an increase of 8,000 from the previous week's unrevised level of 229,000.
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Před 13 minutami
U.S. Private Sector Job Growth Slows More Than Expected In August
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August. ADP said private sector employment rose by 54,000 jobs in August after jumping by an upwardly revised 106,000 jobs in July. Economists had expected private sector employment to rise by 65,000 jobs.
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Před 30 minutami
U.S. Labor Productivity Surges Much More Than Previously Estimated In Q2
A report released by the Labor Department showed labor productivity in the U.S. surged by much more than previously estimated in the second quarter of 2025.
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Před 1 h 13 min
U.S. Trade Deficit Widens More Than Expected In July
With the value of imports spiking, the Commerce Department released a report on Thursday showing the U.S. trade deficit widened more than expected in the month of July.
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Před 1 h 16 min
U.S. Weekly Jobless Claims Rise More Than Expected
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th.
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Před 1 h 19 min
Bay Street May Open With Negative Bias On Weak Commodity Prices
The Canadian market is likely to open with a negative bias on Friday, tracking weak crude oil and bullion prices. The focus is on the ADP data from the U.S., due this morning, and the Canadian and U.S. jobs reports, due on Friday, for clues about the rate decisions by the central banks of the two nations.
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Před 1 h 30 min
U.S. Private Sector Employment Rises Less Than Expected In August
A report released by payroll processor ADP on Thursday showed private sector employment in the U.S. increased by less than expected in the month of August.
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Před 1 h 35 min
FTSE Modestly Higher; Airline Stocks Drift Lower
The U.K. stock market is modestly higher in early afternoon trades on Thursday as investors making purchases at select counters amid expectations the Federal Reserve will announce an interest rate cut in its upcoming monetary policy meeting.
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Před 1 h 56 min
