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FTSE 100 Little Changed As Growth Worries Return To Fore

RTTNews | 658天前

FTSE 100 Little Changed As Growth Worries Return To Fore

(RTTNews) - U.K. stocks were little changed in cautious trade on Tuesday, as weak data from China and the euro zone revived investor concerns about slowing global growth.

Closer home, the U.K. services PMI dropped to 49.50 from 51.50 in July, marking the lowest reading since January.

The benchmark FTSE 100 was marginally lower at 7.452.33 after losing 0.2 percent on Monday.

Celadon Pharma jumped 7 percent after the cannabis-based pharma signed a deal to sell its cannabis product with a second U.K. pharmaceutical company customer.

Headlam, a floorcoverings distributor, added 1.6 percent after reporting higher first-half revenue and backing its FY view.

Mining giant Rio Tinto edged up half a percent after appointing Jerome Pecresse as its Aluminium business Chief Executive.

Equipment rental firm Ashtead fell 2.5 percent after lowering its U.K. rental revenue outlook.

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BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty

BoE's Greene Seeks Cautious Approach On Concerns Over High Inflation, Uncertainty

The Bank of England must have a prudent approach to reducing interest rates as the U.K. inflation may remain high for a longer time than expected rather than a short-term spike, and also due to risks on the global front including fluctuations in oil prices in the backdrop of the ongoing Middle East conflict, policymaker Megan Greene said on Tuesday.

RTTNews | 2小时15分钟前

Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

Amazon To Invest $4 Bln To Expand Speed Delivery To Rural Communities Across U.S

E-commerce giant Amazon has announced its plan to invest over $4 billion to expand speed delivery service to thousands of smaller cities, towns, and rural communities across the United States. For the first time, the company will be offering the convenience and reliability of Same-Day and Next-Day Delivery to millions of U.S. customers in more than 4,000 smaller cities, towns, and rural communiti

RTTNews | 3小时31分钟前

Powell Indicates Federal Reserve Likely To Remain On Hold

Powell Indicates Federal Reserve Likely To Remain On Hold

Despite intense pressure from President Donald Trump to lower interest rates, Federal Reserve Chair Jerome Powell on Tuesday indicated the central bank is likely to remain on hold. "For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said.

RTTNews | 5小时4分钟前

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Tuesday.

RTTNews | 5小时18分钟前

FTSE 100 Lags In Ceasefire-led Rebound

FTSE 100 Lags In Ceasefire-led Rebound

With an addition of just a little more than quarter percent, the FTSE 100 benchmark of the London Stock Exchange underperformed its peers in the region.

RTTNews | 5小时49分钟前

CAC 40 Rises As Middle East Tensions Ease

CAC 40 Rises As Middle East Tensions Ease

Positive market sentiment following reports of ceasefire between Israel and Iran boosted the CAC 40 benchmark on Tuesday.

RTTNews | 6小时28分钟前

DAX Outperforms Peers

DAX Outperforms Peers

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange staged an emphatic rebound on Tuesday.

RTTNews | 6小时47分钟前

Sensex, Nifty End Off Day's Highs As Israel And Iran Enter Shaky Ceasefire

Sensex, Nifty End Off Day's Highs As Israel And Iran Enter Shaky Ceasefire

Indian shares ended off their day's highs on Tuesday as Israel accused Iran of breaching the ceasefire, just hours after it was announced by U.S. President Donald Trump earlier.

RTTNews | 7小时40分钟前

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