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...The UK’s FTSE 100 closed at a record high, boosted by weakness in the pound and rising expectations of interest rate cuts from the Bank of England....
...Shell alone has contributed almost a third of the FTSE 100’s gains in 2024....
...European stocks edged higher in early trading as a rally in technology stocks outweighed declines for major luxury groups....
...Wall Street opened higher on Wednesday, buoyed by strong performance from megacap technology groups and chipmakers amid a flurry of corporate reports....
...A reading below 50 indicates a contraction. The PMI for the services sector fell to 50.9 from 51.7 in March, indicating a slower pace of growth....
...European equities closed higher on Tuesday as global technology stocks rebounded following a steep sell-off last week....
...European stocks edged lower on Friday, but pared most of the initial losses that came amid a global equity market sell-off as traders turned cautious after Israel launched retaliatory strikes against Iran...
...European stocks sank in early trading on Friday amid a global sell-off after Israel launched retaliatory strikes against Iran....
...Oil markets shrugged off Israel’s retaliatory strikes against Iran after a shortlived price spike on Friday, in a sign of investors’ confidence that the action will not escalate into a broader conflict in...
...London’s FTSE 100 climbed to an all-time high on Tuesday amid a broad equity rally in Europe as traders weighed the latest corporate results and awaited a string of business activity data....
...Economists polled by Reuters predict the UK’s composite purchasing managers’ index to come in at 52.7, a slight decline from last month’s reading of 52.8. Stephanie Stacey...
...followed Asian markets higher as strong results from TSMC, the world’s largest chipmaker, eased concerns about the strength of the artificial intelligence rally, and Japan, South Korea and the US released a...
...Thierry Wizman, a strategist at Macquarie, said the drop was driven by “movement away from a wider conflagration and back to a shadow war [between Israel and Iran]”....
...US stocks, meanwhile, looked set to snap a six-session losing streak....
...Cohen, a 25-year Goldman veteran, led the Wall Street institution’s failed effort to build up consumer banking....
...to set up a company in Switzerland....
...Both indices rebounded from a six-session losing streak on Monday....
...US stocks looked set to fall for the sixth consecutive session in what would be Wall Street’s longest losing streak since October 2022 amid a global sell-off sparked after Israel launched retaliatory strikes...
...Mining stocks were among the few positive performers in Europe as metals prices continued to rally on hopes that a rebound in economic growth will stimulate demand....
...US stocks were on track to end a six-day losing streak on Monday as traders await a busy week of corporate earnings reports, including from “Magnificent Seven” big tech stocks such as Amazon, Alphabet and...
...Parity would require a further drop of almost 6.5 per cent....
...Wall Street stocks fell in early trading and were on track for their longest losing streak since October 2022 after a further military exchange between Israel and Iran, and as traders scale back bets on...
...London’s FTSE 100 was on course for a new all-time closing high as a decline in the pound boosted the index, which is dominated by dollar-earners....
...European stocks held steady on Monday as traders looked ahead to a busy week of economic data and central bank policy decisions....
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