FTSE 100 Subdued In Cautious Trade

RTTNews | Pred 851 dňami
FTSE 100 Subdued In Cautious Trade

(RTTNews) - U.K. stocks were slightly lower on Tuesday as weak China data raised concerns about the global economic outlook.

Investors were also reacting to official data showing that the U.K. unemployment rate stabilized at 3.7 percent in three months to November, as expected.

The benchmark FTSE 100 slid 10 points, or 0.1 percent, to 7,850 after closing up 0.2 percent on Monday.

Ocado Retail, a joint venture between Ocado Group and Marks & Spencer Group, slumped nearly 6 percent after saying it expects 'mid-single digits' sales growth for 2023.

Online retail platform THG lot about 3 percent after revenue growth missed its target China-exposed financials HSBC and Prudential were moving lower as China reported its second-lowest annual economic growth in almost 50 years.

Recruitment agency Hays rallied 2.4 percent after posting a rise in its second-quarter net fees.

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RTTNews | Pred 14 h 12 min
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data

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RTTNews | Pred 16 h 2 min
European Stocks Close Week On Positive Note

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European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews | Pred 16 h 25 min
Canadian Market Recovers After Weak Start; TSX Up Marginally

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RTTNews | Pred 17 h 13 min
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Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews | Pred 19 h 19 min
U.S. Import, Export Prices Unexpectedly Inch Higher In April

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The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews | Pred 19 h 22 min
Eurozone Trade Surplus Surges On Exports To US

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The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews | Pred 20 h 12 min