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FTSE 100 Recovers From Early Dip

RTTNews | vor 1119 Tagen

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.

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Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | vor 1Std 50 Minuten

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | vor 1Std 55 Minuten

European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | vor 2Std 2 Minuten

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | vor 4Std 3 Minuten

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | vor 4Std 15 Minuten

U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | vor 4Std 17 Minuten

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

RTTNews | vor 5Std 4 Minuten

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | vor 6Std 13 Minuten

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