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...European stocks sank in early trading on Friday amid a global sell-off after Israel launched retaliatory strikes against Iran....
...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....
...European stocks edged higher in early trading as a rally in technology stocks outweighed declines for major luxury groups....
...Shell alone has contributed almost a third of the FTSE 100’s gains in 2024....
...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...
...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...
...JD Sports: Shares in the UK-based sports fashion retailer rose 5.1 per cent after it agreed to a deal to acquire US rival Hibbett for $1bn....
...it had discovered a potential 10bn barrels of oil off the coast of Namibia....
...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]”....
...Survey data from the previous quarter showed consumer confidence rose for a fifth consecutive quarter to its highest level in two years....
...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....
...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...
...Israel launched a retaliatory attack on Iran on Friday morning in response to last week’s strike by Iran on Israeli soil....
...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...
...Here’s what we know so far: A senior military official in Isfahan said air defences had fired at unidentified objects and played down any damage....
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