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FTSE 100 Slips Into Red Ahead Of PMI Data
(RTTNews) - U.K. stocks declined on Tuesday as investors awaited the latest business activity data for directional cues.
The benchmark FTSE 100 dropped half a percent to 7,750 after closing 0.2 percent higher on Monday.
Drug makers led losses, with AstraZeneca down 2.3 percent.
Primark-owner Associated British Foods fell about 1 percent despite reporting a 20 percent jump in revenue in the 16 weeks to 7 January 2023.
Brewing and pub giant Marston soared 6 percent after reporting positive sales for the festive period.
Components and systems manufacturer Senior Plc surged 10 percent after saying it expects annual profit to top consensus.
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U.S. Dollar Drops After Powell's Speech
The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.
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vor 11Std 30 Minuten
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes
The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
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vor 17Std 1 Minuten
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates
Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
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vor 19Std 9 Minuten
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed
Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
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vor 21Std 39 Minuten
Sensex, Nifty Snap Six-day Winning Streak On Tariff Concerns
Indian shares fell sharply on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
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vor 23Std 25 Minuten
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply
U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
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vor 23Std 31 Minuten
U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
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vor 23Std 35 Minuten
CAC 40 Up Slightly In Lackluster Trade
French stocks are mostly subdued on Friday with investors refraining from making significant moves, choosing to wait for key speeches from central bank chiefs at the Jackson Hole Symposium. The focus is on Fed Chair Jerome Powell's speech for clues about interest rate cuts in September.
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vor 23Std 53 Minuten
