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FTSE 100 Little Changed As Commodity Stocks Drag
(RTTNews) - U.K. stocks were little changed on Wednesday as energy stocks fell after a sharp decline in oil prices overnight.
The benchmark FTSE 100 was marginally higher at 7,563 after climbing 1.4 percent in the previous session.
Oil & gas firm BP Plc lost 3 percent and Shell declined 2.7 percent as oil prices fell nearly 2 percent in European trade, after having fallen more than 4 percent in the U.S. trading session amid a deteriorating fuel demand outlook in China.
Miners Anglo American and Antofagasta both fell around 1 percent while commodity trading and mining firm Glencore lost nearly 5 percent.
Banks HSBC Holdings and Barclays rose around 1 percent each on expectations that they would benefit from higher interest rates.
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European Shares Likely To Open On Tepid Note
European stocks are seen opening a tad lower on Tuesday as investors monitor the latest developments on U.S.-China trade front and look ahead to upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan.
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12 minutes ago
Sensex, Nifty Subdued In Lackluster Trade
Indian shares were subdued on Tuesday as investors locked in some profits after recent gains, driven by optimism over easing global trade tensions and expectations of corporate earnings rebound.
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1h 1min ago
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market trading on Tuesday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
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2h 6min ago
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain cautious and are reluctant to take major positions ahead of the monetary policy announcements from the European Central Bank, the US Fed and the Bank of Japan this week. Optimism about a potential U.S.-China trade deal and an interest rate cut by the Fed are aiding market sentiment.
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2h 37min ago
Sensex, Nifty To See Muted Start
Indian shares look set to open on a muted note Tuesday, tracking mostly weak cues from other Asian markets.
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2h 59min ago
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday, reversing some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 50,400 level, with a mixed performance across most sectors.
RTTNews
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4h 6min ago
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, reversing to the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews
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4h 38min ago
Canadian Dollar Falls Against Majors
The Canadian dollar weakened against its major counterparts in the New York session on Monday.
RTTNews
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6h 27min ago
