FTSE 100 Edges Higher On Optimism Over US Growth

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FTSE 100 Edges Higher On Optimism Over US Growth

(RTTNews) - U.K. stocks traded higher on Wednesday, with travel-related stocks leading the surge on optimism about the U.S. economy.

The benchmark FTSE 100 was up 32 points, or 0.4 percent, at 7,493 after closing 0.1 percent higher the previous day.

Airline EasyJet rose about 1 percent and Wizz Air Holdings climbed 2.3 percent.

Software firm Sage soared 4.5 percent after a brokerage upgrade.

Mulberry Group jumped 3.2 percent after reiterating its full-year guidance.

EKF Diagnostics fell over 3 percent on news that its Chief Financial Officer Marc Davies is stepping down to pursue other opportunities.

Beowulf Mining declined 1.4 percent as it announced the appointment of Ed Bowie as CEO.

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Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

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.
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Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.
RTTNews | 1h 12minuter sedan
EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the tech major has offered commitments, among others, to sell its Office product without communication and collaboration product Teams at a lower price than Office with Teams.
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Bay Street Likely To Extend Gains

Bay Street Likely To Extend Gains

Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.
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FTSE 100 Advances Again

FTSE 100 Advances Again

U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.
RTTNews | 3h 57minuter sedan