FTSE 100 Dips From Record High On US Rate Jitters

RTTNews | vor 1004 Tagen
FTSE 100 Dips From Record High On US Rate Jitters

(RTTNews) - U.K. stocks were moving lower on Monday as strong U.S. jobs data raised worries that the Federal Reserve could keep hiking rates for longer to control inflation.

The benchmark FTSE 100 fell 70 points, or 0.9 percent, to 7,831 after rallying 1 percent on Friday to reach a record high.

Diageo was down half a percent after the spirits maker launched a partial tender offer to increase its stake in East African Breweries Plc to up to 65 percent from 50 percent currently.

Croda International was marginally lower. The specialty chemicals firm has agreed to acquire Solus Biotech, a South Korean provider of biotechnology-derived beauty actives, from Solus Advanced Materials, for KRW350 billion or around 232 million pounds, on a debt-free, cash-free basis.

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Asian Shares Bounce Back On Strong US Data

Asian Shares Bounce Back On Strong US Data

Asian markets rose on Thursday after two days of declines. Traders pondered the outlook for interest rates after the release of strong U.S. economic data and the announcement of 2025 election results, which were good to Democrats with wins in several major races, including governor's races in two states.
RTTNews | vor 1Std 22 Minuten
U.S. Dollar Falls Amid Risk-off Mood

U.S. Dollar Falls Amid Risk-off Mood

The U.S. dollar weakened against other major currencies in the Asian session on Thursday amid increased risk-off sentiment, as some traders looked to pick up stocks at reduced levels following the recent sell-off. Traders also react to upbeat private U.S. economic data and growing expectations that the U.S. Supreme Court may reject the Trump administration's aggressive trade policy.
RTTNews | vor 1Std 27 Minuten
German Industrial Production Recovers In September

German Industrial Production Recovers In September

Germany's industrial production recovered in September driven by the rebound in the auto industry, official data revealed on Thursday. Industrial output expanded 1.3 percent from August, when it was down 3.7 percent, Destatis reported. Economists had forecast a monthly growth of 3.0 percent. Year-on-year, industrial production logged a slower decline of 1.0 percent, following a 3.6 percent fall.
RTTNews | vor 1Std 46 Minuten
European Economic News Preview: Bank Of England Set To Hold Rates

European Economic News Preview: Bank Of England Set To Hold Rates

The Bank of England is expected to hold its benchmark rate on Thursday as policymakers await the Autumn Budget announcement. Markets widely expect the BoE to maintain the bank rate at 4.00 percent in a split vote. The current rate is the lowest since early 2023. The policy decision is due at 7.00 am ET.
RTTNews | vor 3Std 21 Minuten
European Shares Set For A Firm Start

European Shares Set For A Firm Start

European stocks are seen opening broadly higher on Thursday as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | vor 4Std 17 Minuten
Sensex, Nifty Open Higher On Firm Global Cues

Sensex, Nifty Open Higher On Firm Global Cues

Indian shares opened a tad higher on Thursday, mirroring mostly positive cues from global markets as solid U.S. private sector employment and services sector activity data helped calm investor worries about stretched valuations.
RTTNews | vor 5Std 16 Minuten
Australian Market Halves Its Early Gains In Mid-market

Australian Market Halves Its Early Gains In Mid-market

The Australian market is halving its early gains in mid-market moves on Thursday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains across most sectors led by mining and energy stocks amid rebounding commodity prices.
RTTNews | vor 6Std 32 Minuten