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FTSE 100 Slips Into Red After Recent Rally
(RTTNews) - U.K. stocks traded slightly lower on Thursday after three days of gains.
The benchmark FTSE 100 was down 19 points, or 0.3 percent, at 7,467 after gaining 0.6 percent on Wednesday.
Oil & gas stocks fell, with BP Plc and Shell falling 1-2 percent as Brent crude futures fell below $81 a barrel on signs of higher U.S. supply.
Luxury fashion brand Burberry plummeted 8.2 percent after a warning that it might not meet its full-year revenue growth target for fiscal 2024.
Halma, a life-saving technology company, jumped more than 5 percent after posting record first-half results.
Insurer Aviva rose more than 1 percent after confirming full-year targets.
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Asian Shares Decline Amid Economic Uncertainty
Asian stocks ended mostly lower on Tuesday as a tech rally fizzled out due to valuation concerns and investors weighed mixed messages from Federal Reserve officials over the path of interest rates.
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1j 8min yang lalu
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
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1j 35min yang lalu
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Tuesday.
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1j 42min yang lalu
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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1j 50min yang lalu
Australia Keeps Interest Rate Unchanged
The Reserve Bank of Australia maintained its key interest rate as the full effects of earlier rate cuts are yet to be felt and policymakers became cautious after data showed evidence of more persistent inflation. The policy board governed by Michele Bullock decided to hold the cash rate at 3.60 percent, as widely expected, on Tuesday.
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3j 9min yang lalu
European Shares Seen Lower As US Economic Concerns Mount
European stocks are seen opening on a sluggish note Tuesday as weak U.S. manufacturing data raised concerns about a slowing U.S. economy and mixed comments from Federal Reserve officials dampened hopes for a December rate cut.
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4j 6min yang lalu
Sensex, Nifty Subdued In Early Trade
Indian shares were slightly lower in cautious trade on Tuesday, tracking mixed cues from global markets.
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5j 15min yang lalu
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, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,850 level, with weakness in iron ore miners, financial, energy and technology stocks partially offset by gains in gold miners and stocks.
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6j 19min yang lalu
