FTSE 100 Rises As House Prices Show Surprise Rise

RTTNews | 580 दिनों पहले
FTSE 100 Rises As House Prices Show Surprise Rise

(RTTNews) - U.K. stocks were slightly higher on Wednesday as investors reacted to mixed earnings updates and looked ahead to the Federal Reserve's decision on rates.

In economic releases, data showed British house prices in October were 0.9 percent higher than in September, supported by a lack of properties for sale.

The benchmark FTSE 100 was up 12 points, or 0.2 percent, at 7,334 after finishing marginally lower on Tuesday.

Clothing and homeware group Next rallied 3.4 percent after raising its profit guidance for the fourth time so for this fiscal year.

Likewise, pharmaceutical giant GSK rose about 1 percent after upgrading its financial guidance for the second time this year.

BHP rose 0.6 percent. The chief executive of the mining giant said China's demand for commodities including iron ore and copper remains robust despite signs of lackluster economic recovery in the country and troubles in the property market.

ASOS plunged 10 percent after the embattled fast fashion retailer posted a near £300m annual loss.

Aston Martin Lagonda plummeted 14 percent. The luxury carmaker lowered its 2023 volume outlook for the DB12 model after posting a wider-than-expected third-quarter loss.

read more
Pound Advances Against Majors

Pound Advances Against Majors

The pound advanced against its major counterparts in the New York session on Tuesday.
RTTNews | 27 मिनटों पहले
Canadian Market Slightly Higher In Cautious Trade

Canadian Market Slightly Higher In Cautious Trade

After a a weak start and a subsequent recovery, the Canadian market slipped into negative territory Tuesday morning, but edged higher again and was trading modestly higher about a couple of hours past noon. The early weakness was due to the uncertainty surrounding Trump's tariff moves, and downward revisions in Canadian and global growth forecast by the OECD.
RTTNews | 2घंटे 22 मिनट पहले
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market retreated after a positive start Tuesday morning, and after moving along the flat line till around mid afternoon, found some momentum and eventually ended the day's session modestly Expectations of a rate cut by the Swiss central bank contributed to market's upmove.
RTTNews | 2घंटे 43 मिनट पहले
European Stocks Recover From Early Weakness, Close Broadly Higher

European Stocks Recover From Early Weakness, Close Broadly Higher

European stocks closed higher on Tuesday despite lingering uncertainty about the Trump administration's tariff moves. Investors digested regional economic data, that included a report showing a drop in euro zone inflation, and looked ahead to some crucial reports from the U.S., including non-farm payroll data due later in the week.
RTTNews | 3घंटे 4 मिनट पहले
U.S. Job Openings Unexpectedly Increase In April

U.S. Job Openings Unexpectedly Increase In April

Job openings in the U.S. unexpectedly increased in the month of April, according to a report released by the Labor Department on Tuesday. The Labor Department said job openings climbed to 7.391 million in April from an upwardly revised 7.200 million in March.
RTTNews | 4घंटे 56 मिनट पहले
U.S. Factory Orders Pull Back Sharply In April

U.S. Factory Orders Pull Back Sharply In April

A report released by the Commerce Department on Tuesday showed a substantial pullback by new orders for U.S. manufactured goods in the month of April. The Commerce Department said factory orders plunged by 3.7 percent in April after surging by a downwardly revised 3.4 percent in March.
RTTNews | 5घंटे 18 मिनट पहले
Eurozone Inflation Falls Below 2% Target To Boost ECB Rate Cut Hopes

Eurozone Inflation Falls Below 2% Target To Boost ECB Rate Cut Hopes

Euro area inflation fell below the 2 percent target in May largely due to the slowdown in services inflation and reinforced expectations for another interest rate reduction from the European Central Bank later this week. Inflation softened more-than-expected to 1.9 percent in May from 2.2 percent in April, figures from Eurostat revealed on Tuesday. The rate was expected to slow to 2.0 percent.
RTTNews | 6घंटे 37 मिनट पहले
Swiss Franc Falls Against Majors

Swiss Franc Falls Against Majors

The Swiss franc weakened against other major currencies in the New York session on Tuesday.
RTTNews | 6घंटे 51 मिनट पहले