FTSE 100 Subdued As Miners Drag On China Concerns

RTTNews | 1023 days ago
FTSE 100 Subdued As Miners Drag On China Concerns

(RTTNews) - U.K. stocks edged lower on Monday, with mining stocks retreating after top consumer China set a modest annual growth target for 2023.

The benchmark FTSE 100 slid 11 points, or 0.1 percent, to 7,93 after finishing marginally higher on Friday.

Miners Anglo American, Antofagasta and Glencore fell 2-3 percent as most base metals prices declined.

Marine services provider James Fisher & Sons slumped 4.6 percent after selling its nuclear business for a nominal consideration.

Clarkson, a provider of shipping services, jumped 5.5 percent after reporting a rise in preliminary earnings for 2022.

Renewi gained 1 percent. The company said a European Commission landfill investigation into the alleged State Aid relating to the tax rate applied to certain recycled waste materials has been concluded positively.

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European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European stocks closed higher on Tuesday with some of the markets hitting fresh highs, amid continued optimism the Federal Reserve will consider more rate cuts next year. The volume of business was thin in most the markets as traders remained on the sidelines ahead of upcoming Christmas holidays.
RTTNews | 5h 29min ago
Canadian Stocks Turning In Mixed Performance

Canadian Stocks Turning In Mixed Performance

Canadian stocks are turning in a mixed performance on Tuesday with investors digesting the nation's GDP data and a slew of economic reports from the U.S. With truncated sessions and holidays ahead, the mood in the market remains a bit subdued and the volume of business is rather thin.
RTTNews | 6h 12min ago
U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.
RTTNews | 8h 9min ago
U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.
RTTNews | 8h 13min ago
U.S. Economy Grows Much More Than Expected In Q3

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RTTNews | 8h 34min ago
U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected

U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected

Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of October. The report said durable goods orders tumbled by 2.2 percent in October after climbing by an upwardly revised 0.7 percent in September.
RTTNews | 8h 48min ago