FTSE 100 Edges Higher In Cautious Trade

RTTNews | 906 dagar sedan
FTSE 100 Edges Higher In Cautious Trade

(RTTNews) - U.K. stocks were slightly higher on Tuesday ahead of a testimony by Federal Reserve Chair Jerome Powell later in the day.

Meanwhile, a survey showed British houses prices unexpectedly jumped in February amid improvements in consumer confidence and the mortgage market.

The benchmark FTSE 100 was up 14 points, or 0.2 percent, at 7,943 after declining 0.2 percent on Monday.

Baker and fast-food chain Greggs fell over 1 percent after warning of inflationary pressures.

John Wood Group jumped more than 16 percent. The engineering firm said it was considering rejecting the latest buyout proposal from private-equity firm Apollo Global Management.

Mining giant Rio Tinto rose half a percent after it agreed to pay a $15 million penalty to settle U.S. claims of bribery in Guinea.

Ashtead Group gained 3 percent after the equipment rental firm forecast annual results ahead of its own estimates.

read more
German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 1h 34minuter sedan
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 | 4h 24minuter sedan
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 | 4h 53minuter sedan
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 | 7h 56minuter sedan
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 | 8h 40minuter sedan