FTSE 100 Gives Up Early Gains

RTTNews | 547 dagar sedan
FTSE 100 Gives Up Early Gains

(RTTNews) - U.K. stocks edged lower on Thursday, giving up early gains following Nvidia's strong earnings.

The benchmark FTSE 100 was marginally lower at 7,657 after losing 0.7 percent on Wednesday.

Drug maker AstraZeneca dropped 1.6 percent on going ex-dividend.

Advertising giant WPP tumbled 3 percent despite delivering full-year results largely in line with expectations,

Lloyds Banking Group declined 1.3 percent despite reporting a significant increase in annual profit.

Rolls-Royce soared 6.4 percent. The engineering firm forecast improved performance in 2024 after annual profit more than doubled last year.

Anglo American gained 3.2 percent. The mining giant said it would buy and integrate Vale SA's Serpentina project with its adjacent Minas-Rio mine in Brazil.

read more
TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.
RTTNews | 2h 4minuter sedan
Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Powell Says Outlook, Shifting Balance Of Risks 'May Warrant' Lower Rates

Federal Reserve Chair Jerome Powell delivered a highly-anticipated speech before the Jackson Hole Economic Symposium on Friday, although he touched only briefly on the outlook for monetary policy. "With policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance," Powell said.
RTTNews | 4h 12minuter sedan
Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Bay Street Likely To Open On Mixed Note; Powell's Speech Eyed

Canadian shares are likely to open on a somewhat mixed note Friday morning with investors awaiting Fed Chair Jerome Powell's speech at Jackson Hole. Lower commodity prices may weigh a bit early on in the session.
RTTNews | 6h 42minuter sedan
FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

FTSE 100 Down Slightly; Standard Chartered Shares Up Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Friday, amid a lack of fresh triggers. Investors are awaiting Fed Chair Jerome Powell's speech later in the day at the Jackson Hole Symposium, for clues about U.S. central bank's interest rate move next month.
RTTNews | 8h 35minuter sedan
U.S. Dollar Rises Ahead Of Fed's Powell Speech

U.S. Dollar Rises Ahead Of Fed's Powell Speech

The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews | 8h 38minuter sedan
CAC 40 Up Slightly In Lackluster Trade

CAC 40 Up Slightly In Lackluster Trade

French stocks are mostly subdued on Friday with investors refraining from making significant moves, choosing to wait for key speeches from central bank chiefs at the Jackson Hole Symposium. The focus is on Fed Chair Jerome Powell's speech for clues about interest rate cuts in September.
RTTNews | 8h 56minuter sedan