FTSE 100 Rises Led By Commodity Stocks

RTTNews | 1136 ngày trước
FTSE 100 Rises Led By Commodity Stocks

(RTTNews) - U.K. stocks rose notably on Tuesday as higher prices of iron ore and crude prices helped lift commodity-related stocks.

Miners Anglo American, Antofagasta and Glencore all rose around 2 percent.

Oil & gas firm BP Plc and Shell also were up around 2 percent each.

The benchmark FTSE 100 rose 0.6 percent to 7,352 after closing 0.4 percent higher the previous day.

Consumer goods company Unilever added 2.4 percent after raising its full-year sales guidance.

EasyJet jumped 3.7 percent. The low-cost carrier said that it expects the capacity and cost impacts of the disruption to be "a one-off this summer", with "greater resilience" forecast for the 2023 peak travel periods.

Rolls-Royce advanced 1.6 percent. The aerospace and defense firm named a private equity partner and former BP executive to succeed Warren East as the company's chief executive.

read more
U.S. Weekly Jobless Claims Rise More Than Expected

U.S. Weekly Jobless Claims Rise More Than Expected

A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended August 30th.
RTTNews | 44 phút trước
Bay Street May Open With Negative Bias On Weak Commodity Prices

Bay Street May Open With Negative Bias On Weak Commodity Prices

The Canadian market is likely to open with a negative bias on Friday, tracking weak crude oil and bullion prices. The focus is on the ADP data from the U.S., due this morning, and the Canadian and U.S. jobs reports, due on Friday, for clues about the rate decisions by the central banks of the two nations.
RTTNews | 56 phút trước
FTSE Modestly Higher; Airline Stocks Drift Lower

FTSE Modestly Higher; Airline Stocks Drift Lower

The U.K. stock market is modestly higher in early afternoon trades on Thursday as investors making purchases at select counters amid expectations the Federal Reserve will announce an interest rate cut in its upcoming monetary policy meeting.
RTTNews | 1h 22phút trước
CAC 40 Down Slightly; Sanofi Tanks Nearly 10%

CAC 40 Down Slightly; Sanofi Tanks Nearly 10%

French stocks are turning in a mixed performance on Thursday with investors largely making cautious moves while looking ahead to crucial economic data, including U.S. private sector jobs data, due later in the day, and U.S. non-farm payroll employment report, due on Friday.
RTTNews | 1h 43phút trước
Pound Rises Amid Risk On Mood

Pound Rises Amid Risk On Mood

The British pound strengthened against other major currencies in the European session on Thursday amid risk-on mood by the investors, as a bond market sell-off stabilized and dovish Fed comments coupled with weak U.S. data reinforced rate-cut bets.
RTTNews | 1h 58phút trước