FTSE 100 Slips Ahead Of PM Race Result

RTTNews | 1086 일 전
FTSE 100 Slips Ahead Of PM Race Result

(RTTNews) - U.K. stocks were moving lower on Monday after a survey showed the U.K. service sector growth slowed down further in August.

Europe's energy woes and anxiety ahead of the announcement of a new prime minister later in the day also weighed on sentiment.

The benchmark FTSE 100 dropped 63 points, or 0.9 percent, to 7,217 after closing 1.9 percent higher on Friday.

Shares of Countryside Partnerships surged 6 percent. The company said it has reached agreement to be acquired by Vistry Group PLC (VTY.L) in around 1.25 billion pounds cash and stock deal.

Aston Martin Lagonda Global Holdings plummeted 13 percent. The luxury motor vehicle manufacturer announced a heavily discounted rights issue to help pay off debt and support future growth.

Energy stocks climbed as oil prices jumped more than $2 a barrel ahead of an OPEC+ meeting to decide on supply. BP Plc gained 1 percent and Shell added half a percent.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.
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U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.
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Bay Street May Open On Weak Note

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U.S. Durable Goods Orders Tumble Less Than Expected In July

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Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.
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FTSE 100 Modestly Lower

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After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
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CAC Down Sharply On Widespread Selling

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French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.
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DAX Extending Recent Weakness

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German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.
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Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.
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