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FTSE 100 Rises As Consumer Sentiment Strengthens In April

RTTNews | 494 dni temu

FTSE 100 Rises As Consumer Sentiment Strengthens In April

(RTTNews) - U.K. stocks traded higher on Friday after a monthly survey conducted by the market research group GfK revealed that British consumer sentiment improved in April on slowing inflation as well as expectations about further tax cuts.

The consumer confidence index rose to -19 in April from -21 in March. The score was also better than economists' forecast of -20.

Among five indices of consumer confidence, four measures were up and one stayed at the same level as in March.

The benchmark FTSE 100 was up 31 points, or 0.4 percent, at 8,110 after adding half a percent on Thursday.

Mining giant Anglo American edged down slightly after rejecting BHP's buyout proposal.

Natwest surged 4.6 percent as the lender reported a slightly smaller-than-expected fall in income and profit for its first quarter.

Engineering firm Senior Plc rose about 1 percent after reporting increased Q1 revenue and backing full-year guidance.

Pearson declined 1.7 percent on posting muted first quarter total underlying sales growth.

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Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | 44 minut temu

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | 49 minut temu

European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 56 minut temu

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | 2g 57 minut temu

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | 3g 9 minut temu

U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | 3g 12 minut temu

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

RTTNews | 3g 58 minut temu

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | 5g 7 minut temu

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