FTSE 100 Edges Higher On Earnings Boost

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FTSE 100 Edges Higher On Earnings Boost

(RTTNews) - U.K. stocks eked out modest gains on Thursday after clothing retailer Next Plc raised its pre-tax profit forecast for the current year, defying gloom about weakening consumption and the U.K.'s cost-of-living crisis.

Next Plc shares jumped 7.5 percent, while the benchmark FTSE 100 was up 23 points, or 0.3 percent, at 7,607.

Bakery chain Greggs gained about 1 percent after reporting strong double-digit growth in its fourth-quarter sales.

Galliford Try Holdings fell 1.5 percent. The construction group said it has won a £95mln contract to deliver a new prison facility at HMP Rye Hill, near Rugby in Warwickshire.

B&M European Value Retail advanced 1.3 percent. The variety discounter announced a special dividend after reporting an uptick in sales in its third quarter.

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U.S. Dollar Declines On Trade Deal Optimism

U.S. Dollar Declines On Trade Deal Optimism

The U.S. dollar weakened against its major counterparts in the New York session on Friday as investors looked ahead to discussions between the U.S. and China scheduled for this weekend.
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Swiss Market Ends On Positive Note

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European Stocks Close On Firm Note On Trade Deal Optimism, Earnings

European Stocks Close On Firm Note On Trade Deal Optimism, Earnings

European stocks closed higher on Friday amid optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreement with the U.K. on Thursday.
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The Canadian market is modestly higher around noon on Friday, riding on gains in communications, energy and materials sectors. Optimism about the U.S. and China agreeing on a trade deal this weekend, close on the heels of U.S. President Donald Trump unveiling the framework of a trade agreemen
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Bay Street Headed For Positive Start

Bay Street Headed For Positive Start

Firm commodity prices and steady global stocks amid optimism about trade deals point to a positive start for the Canadian market on Friday. Canadian jobs data for the month of April, and corporate earnings updates are also set to make an impact.
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FTSE Up Nearly 0.5% On Easing Tariff Concerns

FTSE Up Nearly 0.5% On Easing Tariff Concerns

U.K. stocks are up on Friday, supported by some strong earnings updates, and continued optimism about trade deals. U.S. President Donald Trump said on Thursday that the meetings with China on trade and economic issues could be "very substantive" and lead to tariff reductions.
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CAC 40 Up 0.75% On Easing Trade Tensions

CAC 40 Up 0.75% On Easing Trade Tensions

French stocks are exhibiting strength on Friday, buoyed by news about the U.S. and U.K. agreeing on a trade deal, and the upcoming U.S. - China trade talks this weekend.
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Sensex, Nifty Extend Losses As Operation Sindoor Continues

Sensex, Nifty Extend Losses As Operation Sindoor Continues

Indian shares fell sharply on Friday to extend losses from the previous session after the Indian Army said it had countered the Pakistani attack on Indian cities late last night, fueling concerns of further escalation between the two nuclear-armed nations.
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