FTSE 100 Down 0.4% In Cautious Trade

RTTNews | 1 day ago
FTSE 100 Down 0.4% In Cautious Trade

(RTTNews) - After a slightly positive start, U.K. stocks turned weak Thursday morning with investors treading cautiously amid a lack of triggers. Shares of financials and utilities companies are struggling a bit.

The benchmark FTSE 100, which edged up to 9,269.00 in early trades, was down 38.50 points or 0.42% at 9,217.00 a little while ago.

JD Sports Fashion is up 3%, extending recent gains. Anglo American Plc is advancing 2.3%, while Diageo, EasyJet, Intercontinental Hotels Group, Bunzl and Rio Tinto are up 1 to 1.5%.

WPP, Spirax Group, Antofagasta, Rentokil Initial, Weir Group, DCC, IAG and Prudential are up with moderate gains.

Aviva is down nearly 3%. LondonMetric Property, Land Securities, Endeavour iing, Auto Trader Group, RightMove and St. James's Place are down 2 to 2.5%.

Relx, Unite Group, Admiral Group, Babcock International, Vodafone Group, Centrica, SSE, Tesco, Next, British American Tobacco, Barclays, Natwest Group and Croda International are among the other notable losers.

read more
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 1h 14min ago
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 4h 4min ago
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 4h 32min ago
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 | 7h 36min ago
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 8h 19min ago
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 8h 49min ago