Investing
Investing
FTSE 100 Down as China Covid Worries Weigh on Miners
Investing
UK Stocks End the Week Higher Amid Political, Economic Turmoil
Investing
European Shares Mark Strong End to Week, but Recession Worries Remain
Investing
Stocks Dip, Oil Climbs in Wake of Strong U.S. Jobs Report
UK Stocks Drop as Investors Shun Risky Bets in Turbulent Week
Date: July 8, 2022
By Sruthi Shankar (Reuters) -UK’s main stock indexes slipped on Friday as global sentiment soured at the end of a week marked by political turmoil in Britain, soaring energy prices in Europe and hawkish comments from major central banks. The blue-chip FTSE 100 dipped 0.01%, while the domestically oriented FTSE midcap index slid 0.4%. Risk...
European Shares Tepid as Miners Fall on China Covid Worries
Date: July 8, 2022
By Devik Jain (Reuters) – European shares were muted on Friday, weighed down by miners as copper prices retreated on concerns over latest COVID-19 curbs and flare-ups in China, while investors also maintained a cautious stance ahead of monthly U.S. jobs data. The continent-wide STOXX 600 index was down 0.1%, after climbing 3.6% in the...
European Shares Struggle Ahead of U.S. Jobs Data
Date: July 8, 2022
By Elizabeth Howcroft and Lucy Raitano LONDON (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key U.S. jobs data later in the session. Investor sentiment had been positive earlier in the...
Investors Fear Earnings Season Will Spark New Equities Selloff
Date: July 8, 2022
By Danilo Masoni and Medha Singh MILAN (Reuters) – The upcoming corporate earnings season could prompt another sharp fall in global share prices with profit forecasts looking far too upbeat given mounting recession risks, investors and analysts warn. After shedding more than $20 trillion in value since hitting record highs in January, world stocks are...
UK Stocks Climb More Than 1% After Boris Johnson Quits as PM
Date: July 7, 2022
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) – UK stocks climbed on Thursday, with the domestically focussed FTSE 250 index hitting a one-week high, after Boris Johnson announced he would quit as British prime minister after he dramatically lost the support of his ministers. The export-oriented FTSE 100 gained 1.1%, while the FTSE 250...
European Shares March Higher on Auto, Commodity Boost
Date: July 7, 2022
By Devik Jain (Reuters) -Economy-sensitive stocks and chipmakers boosted European shares on Thursday, with the latter getting a lift from upbeat results by South Korea’s Samsung, while investors awaited minutes of the European Central Bank (ECB) meeting for clues on rate hikes. The continent-wide STOXX 600 index was up 1.4%, building on a strong rally...