FTSE 100 Rises As Consumer Sentiment Strengthens In April

RTTNews | 494天前
FTSE 100 Rises As Consumer Sentiment Strengthens In April

(RTTNews) - U.K. stocks traded higher on Friday after a monthly survey conducted by the market research group GfK revealed that British consumer sentiment improved in April on slowing inflation as well as expectations about further tax cuts.

The consumer confidence index rose to -19 in April from -21 in March. The score was also better than economists' forecast of -20.

Among five indices of consumer confidence, four measures were up and one stayed at the same level as in March.

The benchmark FTSE 100 was up 31 points, or 0.4 percent, at 8,110 after adding half a percent on Thursday.

Mining giant Anglo American edged down slightly after rejecting BHP's buyout proposal.

Natwest surged 4.6 percent as the lender reported a slightly smaller-than-expected fall in income and profit for its first quarter.

Engineering firm Senior Plc rose about 1 percent after reporting increased Q1 revenue and backing full-year guidance.

Pearson declined 1.7 percent on posting muted first quarter total underlying sales growth.

read more
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 | 26分鐘前
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 | 39分鐘前
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 | 2小時36分鐘前
DAX Dips As Inflation Spike Hurts Sentiment

DAX Dips As Inflation Spike Hurts Sentiment

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading deep in the red amidst a higher-than-expected level of inflation reading from Euro Area.
RTTNews | 3小時38分鐘前
Pound Slides After UK Starmer's Reshuffle

Pound Slides After UK Starmer's Reshuffle

The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline. In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
RTTNews | 4小時47分鐘前