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FTSE 100 Subdued On Growth Worries
(RTTNews) - U.K. stocks were muted on Monday amid growth worries after official data showed the downturn in euro zone business activity accelerated last month.
The benchmark FTSE 100 was marginally lower at 7,414 after losing 0.4 percent on Friday.
Scottish Mortgage Investment Trust edged up slightly despite reporting a drop in net asset value in the first half of the year.
Insurance company Prudential fell about 1 percent after new business sales and profits slowed slightly in the third quarter from the half-year stage.
Melrose Industries, a pure-play aerospace company, rallied 3.7 percent. The company said its GKN Aerospace Engines business has signed a new agreement with aircraft engines maker GE Aerospace.
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South Korea Bourse May Extend Losing Streak
The South Korea stock market has finished lower in back-to-back sessions, sinking almost 35 points or 1.4 percent along the way. The KOSPI now rests just above the 2,590-point plateau and it may take further damage on Monday.
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Japan Leading Index Data Due On Monday
Japan will on Monday see March results for its leading and coincident indexes, highlighting a modest day for Asia-Pacific economic activity.
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1j 19min yang lalu
Euro Slips On Trump's Tariff Proposal
The euro fell against its major counterparts on Friday, as President Donald Trump proposed tariffs on imports from the European Union starting on June 1.
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Swiss Market Ends Weak On Tariff Concerns
After opening on a positive note and staying above the flat line till about an hour past noon, the Switzerland market tumbled on Friday, hurt by U.S. President Donald Trump's threat that imports from the European Union will face 50% tariffs from June 1st.
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European Stocks Closed Weak On Trump's Fresh Tariff Threat
European stocks closed on a weak note on Friday despite staging a fairly strong recovery past mid afternoon. After staying modestly higher till noon, the major European markets tumbled after U.S. President Donald Trump threatened to impose 50% tariffs on imports from the European Union from June 1st.
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TSX Recovers After Early Setback; Materials Stocks Move Higher
After a weak start and a subsequent drop to lower levels, the Canadian market recovered well and is down just marginally a little past noon on Friday.
The early setback was due to U.S. President Donald Trump's threat that 50% tariffs will be imposed on imports from the European Union beginning June 1st.
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U.S. New Home Sales Spike From Downwardly Revised Level In April
The Commerce Department released a report on Friday showing new home sales in the U.S. in the month of April spiked compared to a significantly downwardly revised level in March. The report said new home sales soared by 10.9 percent to an annual rate of 743,000 in April after jumping by 2.6 percent to a downwardly revised rate of 670,000 in March.
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2 hari yang lalu
Germany Logs Stronger Growth On Tariff Threats
The German economy grew at a stronger-than-estimated pace in the first quarter as higher tariff threats by the U.S. administration led to the frontloading of orders for the country's goods, lifting exports and industrial production. Gross domestic product grew 0.4 percent, which was double the initial estimate of 0.2 percent, a detailed report from Destatis revealed on Friday.
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