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FTSE 100 Marginally Higher As Energy Stocks Surge
(RTTNews) - U.K. stocks were marginally higher on Wednesday, with energy stocks leading the surge as oil extended an overnight rally on concerns that Middle East tensions could escalate and potentially disrupt crude output from the region.
The benchmark FTSE 100 was up 9 points, or 0.1 percent, at 8,286 after rising half a percent on Tuesday.
Energy giant BP Plc and peer Shell both jumped around 2.5 percent.
JD Sports slumped 5 percent despite the sportswear retail chain reporting record sales in the 26 weeks to August and reaffirming its FY25 guidance.
Wizz Air Holdings plummeted 6 percent after the airline reported a drop in load factors over the course of September.
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Asian Shares Rise After Key China Data
Asian stocks rose broadly on Tuesday as traders brushed off U.S. President Donald Trump's tariff threats and reacted positively to Chinese GDP data for the first half of 2025.
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29 minutes ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the European session on Tuesday.
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31 minutes ago
China GDP Growth Tops Expectations
China's economy registered a faster-than-expected growth in the second quarter with strong support from exports and industrial production despite the US trade tariff threats but weaker investment and persistent deflation continued to pose challenges.
Gross domestic product expanded 5.2 percent on a yearly basis after rising 5.4 percent in the previous quarter.
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1h 10min ago
European Shares Seen Higher At Open
European stocks may open broadly higher on Tuesday despite lingering concerns about U.S. President Donald Trump's tariff plans and aggressive negotiation tactics.
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3h 20min ago
European Economic News Preview: German ZEW Economic Sentiment Due
Economic confidence from Germany and industrial production from euro area are the top economic news due on Tuesday. At 3.00 am ET, Spain's statistical office INE publishes final inflation data for June. The flash estimate showed that consumer price inflation rose to 2.2 percent from 2.0 percent in May.
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4h 10min ago
Sensex, Nifty Modestly Higher As CPI Inflation Hits 6-year Low
Indian shares were modestly higher in cautious trade on Tuesday as signs of easing domestic retail inflation opened the room for more RBI rate cuts in the coming months.
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4h 56min ago
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market trading on Tuesday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,600 level, with gains across most sectors led by technology and financial stocks. Iron ore miners were the only weak spot.
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5h 41min ago
Asian Markets Track Wall Street Higher
Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, as traders are hopeful of an end to the ongoing trade war at least by August 1 as confirmed by U.S. President Donald Trump recently. Traders view Trump's tariff threats as negotiation tactics. Asian markets closed mixed on Monday.
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6h 4min ago
