FTSE 100 Falls As Resource Stocks Drag

RTTNews | 542 дней спустя
FTSE 100 Falls As Resource Stocks Drag

(RTTNews) - U.K. stocks traded lower on Tuesday, with energy stocks taking a beating amid disappointment from the lack of fresh supportive measures in top consumer China.

The benchmark FTSE 100 was down 20 points, or 0.3 percent, at 7,620 after having hit its lowest level since Feb. 16 earlier in the day.

BP Plc fell about half a percent and peer Shell gave up 1.1 percent as oil extended overnight losses amid concerns about the outlook for energy demand.

Ashtead Group slumped 7.7 percent after the equipment rental firm narrowed its full-year guidance, citing a lower level of activity in the North America market.

Telecommunications testing firm Spirent jumped 58 percent after it has agreed to be taken over by U.S. communications equipment company Viavi Solutions in a deal valued at about 1.01 billion pounds ($1.28 billion).

Car distributor Inchcape plummeted 9 percent after flagging moderate growth this year.

read more
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 2ч 23мин назад
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 2ч 52мин назад
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 5ч 55мин назад
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 6ч 39мин назад
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 7ч 8мин назад