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FTSE 100 Declines On Concerns Over Volatile Russian Situation
(RTTNews) - U.K. stocks traded lower on Monday as a short-lived mutiny in Russia by the Wagner paramilitary group revived concerns over nuclear arsenal security.
The benchmark FTSE 100 was down 41 points, or 0.6 percent, at 7,420 after losing half a percent on Friday.
Banks fell broadly, with Lloyds Banking falling more than 2 percent on concerns fueled by the latest political turmoil in Russia.
Aston Martin jumped 8 percent after the luxury carmaker said it would enter into an agreement with Lucid Group to manufacture "high performance" electric vehicles.
Associated British Foods fell about 1 percent despite lifting its profit outlook for the 2022/23 year.
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Euro Drops Against Majors
The euro weakened against its major counterparts in the New York session on Thursday.
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21分鐘前
Swiss Market Shrugs Off Weak Start, Ends On Firm Note
After opening weak and remaining subdued till noon, Swiss stocks found some support and kept edging higher on Thursday, and finally ended the day's session on a firm note.
Data showing a strong pace of expansion of the Swiss economy in the first quarter of this year aided sentiment.
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2小時3分鐘前
Major European Markets Recover After Early Setback, Close On Firm Note
Despite an early struggle, the major European markets turned in fairly steady performance as the session progressed on Thursday to eventually close on a firm note. Easing concerns about tariffs and U.S. inflation, and some encouraging regional economic data helped underpin sentiment.
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2小時21分鐘前
U.S. Business Inventories Inch Up Slightly Less Than Expected In March
The Commerce Department released a report on Thursday showing a slight increase by U.S. business inventories in the month of March. The report said business inventories crept up by 0.1 percent in March after rising by 0.2 percent in February. Economists had expected business inventories to rise by another 0.2 percent.
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3小時36分鐘前
TSX Rises For 8th Straight Session, Looks Set To Scale New Peak
The Canadian market is up in positive territory, extending gains to an eighth straight session, as the undertone continues to remain firm amid easing concerns about tariffs, and the recent data showing a smaller than expected increase in U.S. consumer price inflation in the month of April.
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3小時40分鐘前
U.S. Homebuilder Confidence Unexpectedly Slumps In May
Reflecting growing uncertainties stemming from elevated interest rates, tariff concerns, building material cost uncertainty and the cloudy economic outlook, the National Association of Home Builders released a report on Thursday showing an unexpected slump by U.S. homebuilder confidence in the month of May.
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3小時51分鐘前
U.S. Industrial Production Unexpectedly Flat In April
With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April. The Fed said industrial production was unchanged in April after falling by 0.3 percent in March. Economists had expected industrial production to rise by 0.2 percent.
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4小時12分鐘前
New York Manufacturing Index Edges Modestly Lower In May
A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general business conditions index edged down to a negative 9.2 in May from a negative 8.1 in April, with a negative reading indicating contraction. Economists had expected the index to dip to a negative 10.0.
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4小時25分鐘前
