FTSE 100 Declines As US Rate Cut Hopes Fade
(RTTNews) - U.K. stocks fell on Wednesday as strong U.S. data and mixed comments from Federal Reserve officials dented investor hopes for a rate cut in June.
The benchmark FTSE 100 was down 36 points, or half a percent, at 7,898 after declining 0.2 percent in the previous session.
Engineer Renishaw plunged 4.2 percent after Germany's Siemens said it does not intend to make an offer for the company.
Low-cost airline Wizz Air Holdings was little changed after unveiling passenger traffic and load factor figures for March.
Topps Tiles declined 1.5 percent after the tiles retailer reported lower half-yearly sales and issued a profit warning.
Meat, seafood and meat alternatives group Hilton Food lost 4.3 percent after reporting modest top-line growth in 2023.
Swiss Market Settles On Buoyant Note
European Markets Close On Strong Note On Hopes Of End To US Government Shutdown
Technology, Materials Stocks Climb Higher; TSX Up Over 1%
Bay Street Looks Set To Open On Firm Note
Dollar Declines Amidst Uncertain Fed Policy Outlook
FTSE 100 Advances Amid Optimism About An End To US Government Shutdown
CAC 40 Rises 1.3% On Prospects Of An End To US Government Shutdown
