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FTSE 100 Slips In Cautious Trade

RTTNews | 959 дней спустя

FTSE 100 Slips In Cautious Trade

(RTTNews) - U.K. stocks fell on Tuesday, as the initial euphoria over the election of Rishi Sunak as the U.K. Prime Minister faded, and investors awaited Finance Minister Jeremy Hunt's budget on October 31 to see how he plans to plug a £40bn black hole in Britain's public finances exacerbated by Truss's disastrous package of unfunded tax cuts.

The benchmark FTSE 100 was down 32 points, or half a percent, at 6,982 after closing 0.6 percent higher on Monday.

HSBC Holdings plunged 7 percent after the bank reported higher-than-expected charges for possible loan losses in its third-quarter results.

IT infrastructure services provider Softcat fell about 1 percent despite reporting a rise in full-year profit and revenue.

Online beauty products seller THG soared 12.2 percent after backing its full-year outlook.

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European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

European stocks turned in a mixed performance on Tuesday with investors mostly making cautious moves as they awaited the outcome of the ongoing Sino-U.S. trade talks in London. German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London.

RTTNews | 25 минут назад

TSX Up Marginally; Energy Stocks Rise

TSX Up Marginally; Energy Stocks Rise

After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors. Investors are cautiously optimistic about some positive progress in U.S.-China trade relations.

RTTNews | 1ч 32мин назад

U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. Stocks Mostly Subdued In Lackluster Trade

U.S. stocks are turning in a mixed performance in lackluster trade on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London. Trade negotiations between the world's two largest economies commenced on Monday, and no big breakthrough seems to have been arrived as yet.

RTTNews | 2ч 8мин назад

Eurozone Investor Confidence Strongest In A Year: Sentix

Eurozone Investor Confidence Strongest In A Year: Sentix

Euro area investor morale rose to the highest level in a year in June, driven by the economic recovery in Germany, survey data from the behavioral research institute Sentix showed Tuesday. The investor sentiment index rose to +0.2 in June from -8.1 in May. This was the highest reading since June 2024 and remained well above economists' forecast of -6.0.

RTTNews | 5ч 3мин назад

Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Tuesday morning with investors looking for directional clues as they await the outcome of the U.S.-China trade negotiations.

RTTNews | 5ч 56мин назад

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

FTSE 100 Advances; Persimmon, Marks & Spencer Among Top Gainers

Despite data showing an increase in the nation's unemployment rate, U.K. stocks are up in positive territory a little past noon on Tuesday on selective buying amid some optimism over the ongoing U.S.-China trade talks in London.

RTTNews | 6ч 29мин назад

CAC 40 Down Marginally In Cautious Trade

CAC 40 Down Marginally In Cautious Trade

French stocks are largely subdued on Tuesday as investors refrain from making significant moves while awaiting the outcome of the ongoing trade talks between U.S. and Chinese officials in London.

RTTNews | 7ч 14мин назад

DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London. The negotiations, which commenced on Monday, have not yielded any positive news so far.

RTTNews | 7ч 36мин назад

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