FTSE 100 Slides As Earnings Disappoint

RTTNews | 1038日前
FTSE 100 Slides As Earnings Disappoint

(RTTNews) - U.K. stocks fell on Wednesday as mixed earnings updates offset investor optimism over Rishi Sunak pledging to lead the country out of an economic crisis.

The benchmark FTSE 100 dropped 39 points, or 0.6 percent, to 6,975 after ending marginally lower on Tuesday.

WPP tumbled 3.7 percent after the world's largest advertising group downgraded its annual margin guidance and warned of possible economic headwinds.

Consumer goods company Reckitt Benckiser lost 4.5 percent after reporting a decline in sales volumes in the third quarter.

Lender Barclays dropped 1.3 percent despite reporting better-than-expected profit in the third quarter.

Precious metals mining firm Fresnillo jumped 2.7 percent after posting solid quarterly production figures and backing its 2022 production guidance.

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Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 1時21分前
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RTTNews | 2時4分前
German Unemployment Exceeds 3 Mln

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RTTNews | 2時34分前
Pound Slides Against Majors

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The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 3時48分前