FTSE 100 Slumps Dragged Down By Banks

RTTNews | Pred 823 dňami
FTSE 100 Slumps Dragged Down By Banks

(RTTNews) - U.K. stocks tumbled on Friday as banks plummeted on concerns over the health of the U.S. financial sector.

Investors also looked ahead to the release of a key U.S. jobs report later in the day that could shed further light on the rate outlook.

The benchmark FTSE 100 was down 149 points, or 1.9 percent, at 7,731 after losing 0.6 percent on Thursday.

Barclays, Lloyds, Standard Chartered and Natwest lost 3-4 percent after SVB Financial Group, which specializes in venture-capital financing, announced it had suffered significant losses on its portfolio.

Separately, crypto banking giant Silvergate said it planned to close as the sector faces more turmoil, raising concerns about the wider financial sector.

Berkeley Group Holdings was little changed. The housebuilder maintained its 2023 outlook despite a slowdown in the property sector.

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TSX Up Marginally; Energy Stocks Rise

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RTTNews | Pred 26 minútami
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RTTNews | Pred 1 h 2 min
Eurozone Investor Confidence Strongest In A Year: Sentix

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RTTNews | Pred 3 h 56 min
Bay Street Likely To Open On Mixed Note

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RTTNews | Pred 4 h 49 min
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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 | Pred 5 h 23 min
CAC 40 Down Marginally In Cautious Trade

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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 | Pred 6 h 8 min
Sensex, Nifty End Choppy Session Narrowly Mixed

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Indian shares fluctuated before ending little changed on Tuesday as investors waited for more details to emerge from the second day of ongoing U.S.-China trade negotiations in London.
RTTNews | Pred 6 h 51 min