European Shares Flat To Higher As Markets Watch Middle East Developments

RTTNews | 113 days ago

(RTTNews) - European stocks were flat to slightly higher on Thursday as investors digested Nvidia's strong earnings and monitored peace talks between the United States and Iran.

As Iran reviews a new U.S. proposal to resolve the Middle East conflict, U.S. President Donald Trump said that negotiations could yield a deal within days or collapse into renewed strikes.

The pan-European STOXX 600 edged up by 0.2 percent to 21.30 after rallying 1.5 percent on Wednesday amid hopes that the Middle East conflict will be resolved soon. The German DAX gained 0.2 percent and France's CAC 40 inched up 0.1 percent while the U.K.'s FTSE 100 was marginally lower, dragged down by energy stocks like BP Plc and Shell after a sharp fall in crude oil prices overnight.

Swedish educational group Cedergrenska jumped nearly 7 percent after reporting strong revenue and margin growth in Q3.

German pharma major Bayer fell nearly 1 percent. The U.S. Food and Drug Administration has granted priority review to its supplemental New Drug Application for Kerendia.

British pub group Mitchells & Butlers plummeted 8 percent after reporting slower sales growth and flat underlying profits for the first half.

Banking and wealth management group Investec rallied 5.1 percent after reporting sharply higher annual profit for its latest fiscal year.

BT Group shares tumbled nearly 3 percent. The telecommunications company logged lower revenue for fiscal 2026 due to a decline in its international business.

No-frills airline EasyJet rose over 1 percent despite widening its first-half loss due to higher fuel costs and elevated legal provisions.

Swiss pensions and insurance group Swiss Life Holding gained 1 percent after reporting strong financial results for the first quarter of 2026.

U.S. Consumer Sentiment Deteriorates Much More Than Expected In September

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.

RTTNews | 1h 56min ago

CPSC Recalls: 2.3 Mln Candy Bottles, Motorcycles, Dressers, Dual Fuel Ranges, Fire Spray Canisters

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including more than 2.3 million sour crush candy bottles, motorcycles, six-drawer dressers, dual fuel ranges, hair dryer brushes, and fire spray canisters, among others. In most of the recalls, consumers are urged to immediately stop using the recalled product, and contact the respective firm for either a free repair

RTTNews | 2h 5min ago

U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August, although core prices rose by slightly more than expected. The Labor Department said its consumer price index climbed by 0.4 percent in August after inching up by 0.1 percent in July.

RTTNews | 2h 45min ago

U.S. Consumer Prices Increase In Line With Estimates In August

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August.

RTTNews | 3h 46min ago

IEA Cuts Oil Demand Forecast; Canadian Markets Eye Recovery

Canadian stocks may open with positive bias Friday as oil prices decline following the International Energy Agency's downward revision of global oil demand. Investors seek bargains after six consecutive days of losses. U.S. consumer price data could impact sentiment.

RTTNews | 3h 55min ago

Canadian Dollar Falls As Oil Prices Edge Lower

The Canadian dollar weakened against other major currencies in the European session on Friday, as the crude oil prices traded lower amid escalating U.S.-Iran tensions and concerns over prolonged disruption to global energy supplies.

RTTNews | 4h 10min ago

Kroger Q2 Profit Rises, Backs FY26 Adj. Earnings View, Cuts Sales Growth Forecast; Stock Drops

Supermarket chain Kroger Co. reported Friday higher profit and sales in its second quarter, while Identical Sales growth was slower than the prior year. Further, the firm maintained adjusted earnings outlook for fiscal 2026, but trimmed growth view for identical sales without fuel. In the pre-market activity on the NYSE, the shares were losing around 2.62 percent.

RTTNews | 4h 42min ago

UK Stocks Rise On GDP Growth, Oil Price Decline

UK stocks advanced Friday as July GDP growth of 0.4% beat expectations and oil prices tumbled following downward IEA demand revisions. The FTSE 100 reached 10,674.52, up 0.61% despite ongoing US-Iran concerns.

RTTNews | 4h 55min ago

EURUSD	1.16052	GBPUSD	1.35244
USDJPY	153.687	USDCAD	1.3865