FTSE 100 Notably Higher; Next Slumps After Warning Of Difficult Year

RTTNews | 883 일 전
FTSE 100 Notably Higher; Next Slumps After Warning Of Difficult Year

(RTTNews) - U.K. stocks advanced on Wednesday, as banking fears continued to ease and data showed U.K. mortgage approvals rose more than expected in February, despite higher borrowing costs.

The benchmark FTSE 100 was up 48 points, or 0.7 percent, at 7,533 after gaining 0.2 percent on Tuesday.

Oil & gas firm Shell rose 1.1 percent as oil prices rose for a third straight session on industry data showing a drop in U.S. crude inventories.

Next slumped 5.6 percent after the clothing retailer kept its guidance for a 1.5 percent decline in full-price sales and profit of 795 million pounds for 2023-24.

Components and solutions provider Essentra added 1.2 percent after launching a share buyback.

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U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
RTTNews | 36 분 전
Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
RTTNews | 1 시간 40 분 전
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | 3 시간 31 분 전
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | 4 시간 24 분 전
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | 4 시간 25 분 전
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 5 시간 51 분 전