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FTSE 100 Little Changed In Cautious Trade
(RTTNews) - U.K. stocks were little changed in cautious trade on Wednesday as investors awaited the outcome of key meetings at the Federal Reserve and the Bank of England.
The benchmark FTSE 100 was marginally higher at 7,192 after rallying 1.3 percent on Tuesday.
Paper packaging giant Smurfit Kappa tumbled 3.2 percent despite delivering strong performance for the first nine months of 2022.
Next, the clothing and homeware chain, jumped 2.4 percent after maintaining its profit guidance for the year.
Luxury car maker Aston Martin Lagonda slumped 12 percent after its loss for the third quarter more than doubled.
Pharmaceutical and biotechnology firm GSK rose 1.2 percent after lifting its 2022 sales growth outlook.
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TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak
The S&P/TSX Composite Index rose 0.36% Friday to 35,634.50 as technology stocks surged 3.5%, contributing significantly to gains. Oil prices fell following International Energy Agency's downward global oil demand forecast revision.
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49 minutes ago
Swiss Market Ends Modestly Higher
The Switzerland stock market closed modestly higher on Friday, in line with markets across Europe, as a sharp drop in oil prices helped lift sentiment.
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1h 23min ago
European Markets Rise As Oil Prices Fall On IEA Demand Cut
European markets gained ground Friday after the International Energy Agency cut its global oil demand forecast, sending Brent crude futures down 3.5% to $103.50. The IEA now projects world oil demand will drop 2.5 million barrels per day this year versus its prior estimate of 1.6 million bpd.
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1h 46min ago
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.
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5h 7min 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
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5h 16min 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.
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5h 56min 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.
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6h 58min 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.
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7h 6min ago
