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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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EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges
The European Commission said the euro area economy is set to grow more than projected in spring this year driven by a surge in exports ahead of anticipated tariff increases and higher investment in equipment and intangible assets. In the Autumn Forecast released on Monday, the EU raised its economic growth outlook for the current year to 1.3 percent from 0.9 percent.
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1h 12min ago
Bay Street Likely To See Mixed Start
Canadian stocks are likely to open on a mixed note on Monday, tracking the trend in European markets and commodity prices. Canadian inflation data, due this morning, could significantly impact the mood. Investors will also be looking ahead to some crucial economic data this week.
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1h 19min ago
FTSE 100 Drifts Lower In Cautious Trade; WPP Rises Sharply
U.K. stocks are turning in a mixed performance in cautious trade on Monday as investors await fresh economic data for directional clues. Worries about AI bubble and uncertainty about upcoming policy moves of major central banks, including the Federal Reserve, also contribute to the cautious mood in the market.
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1h 50min ago
CAC 40 Modestly Lower
French stocks are languishing in negative territory a little past noon on Monday with investors largely making cautious moves amid lingering concerns about Artificial Intelligence bubble, and a bit of uncertainty about the Federal Reserve's upcoming policy move.
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2h 22min ago
Walmart's Black Friday Deals To Be Available On Nov. 25 To Nov. 30
With the holiday season nearing soon, retail behemoth Walmart, Inc. has unveiled thousands of Black Friday and Cyber Monday deals, promising bigger savings. The retailer's new Black Friday Deals are available starting November 25 to November 30, and exclusive Cyber Monday steals are dropping December 1. The Black Friday event starts online on Tuesday, November 25 at 12 a.m. ET...
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3h 0min ago
Dollar Slips As Longest-ever Federal Shutdown Ends
The U.S. Dollar declined during the week ended November 17 as the longest ever shutdown of the U.S. government came to a close.
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3h 14min ago
Indian Shares End Higher Despite Weak Global Cues
Indian shares eked out modest gains on Monday, with underlying sentiment supported by a resounding victory for the BJP-led NDA in the Bihar elections and optimism surrounding a potential India-U.S. trade deal.
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3h 46min ago
European Shares Mixed In Lackluster Trade
European stocks were mixed on Monday due to concerns about an artificial intelligence bubble and global growth.
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5h 9min ago
