FTSE 100 Declines As US Midterm Election Results Roll In

RTTNews | hace 957
Stocktwits
FTSE 100 Declines As US Midterm Election Results Roll In

(RTTNews) - U.K. stocks slipped into the red on Wednesday as early results from the U.S. midterm elections showed Republicans are likely to narrowly win control of the U.S. House.

The benchmark FTSE 100 was down 42 points, or 0.6 percent, at 7,264 after finishing marginally higher the previous day.

Flutter Entertainment fell about 1 percent despite the gambling group upgrading full-year revenue guidance for its fast-growing U.S. business.

Media firm ITV slumped more than 6 percent after its third-quarter advertising revenue fell 14 percent amid difficult year-ago comparisons and continued "uncertainty."

Aviva declined 1.7 percent. The insurer reiterated plans for a share buyback program after reporting a rise in nine-month gross written premiums.

Funeral-related services provider Dignity lost 4.5 percent after it reported a loss for the past quarter.

Marks & Spencer fell over 4 percent. The retailer has put off a decision on resuming shareholder payouts until closer to the end of its fiscal year.

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Japan Private Sector Expands Most In 4 Months

Japan Private Sector Expands Most In 4 Months

Japan's private sector grew the most in four months in June as manufacturing activity returned to growth amid stronger increase in services activity, flash data from S&P Global showed on Monday. The au Jibun Bank flash composite output index posted 51.4 in June, which was up from 50.2 seen in May. A score above 50.0 indicates expansion.
RTTNews | hace 1h 28min
European Economic News Preview: Eurozone Flash Composite PMI Data

European Economic News Preview: Eurozone Flash Composite PMI Data

Flash composite Purchasing Managers' survey results from euro area and the UK are the top economic news due on Monday. At 3.15 am ET, S&P Global publishes France's flash PMI survey data. The manufacturing PMI is forecast to remain unchanged at 49.8 in June. The services PMI is seen at 49.2, up from 48.9 in the previous month.
RTTNews | hace 2h 27min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian stock market is trimming its early losses in mid-market trading on Monday, extending the losses in the previous four sessions, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,500.00 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains in gold miners and energy stocks.
RTTNews | hace 4h 32min
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, amid escalation in the middle-east conflict after the U.S. joined Israel in the weeks-long war with Iran, with US carrying out a "successful" airstrike on three nuclear sites in Iran over the weekend. This has heightened fears of a broader regional conflict.
RTTNews | hace 4h 54min
Sensex, Nifty Seen Lower As US Enters Israel-Iran War

Sensex, Nifty Seen Lower As US Enters Israel-Iran War

Indian shares look set to open on a sluggish note Monday, tracking weak cues from Asian markets and a spike in oil prices after the United States carried out a "very successful attack" on three nuclear sites in Iran and the latter vowed retaliation, saying it "reserves all options."
RTTNews | hace 5h 27min
Japanese Market Notably Lower

Japanese Market Notably Lower

The Japanese stock market is trading notably lower on Monday, extending the losses in the previous two sessions, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling to near the 38,000 mark, with weakness across most sectors led by index heavyweights, exporters and technology stocks.
RTTNews | hace 6h 3min
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