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...Miners Rio Tinto and Anglo American advanced 3 per cent and 2.3 per cent, respectively. France’s Cac 40 and Germany’s Dax both gained 0.6 per cent, while London’s FTSE 100 rose 0.2 per cent....
...The index was buoyed by a 16 per cent jump for miner Anglo American following a £31bn takeover bid from BHP, as well as strong gains for Barclays and AstraZeneca, which both beat analysts’ expectations for...
...“There’s catch-up potential for miners.”...
...Declines in European equity markets were led by banks, miners, and energy groups, which are over-represented in the commodity-heavy FTSE 100....
...London’s FTSE 100 slipped 0.2 per cent, having briefly climbed above its record closing high in early trading as gains for miners and energy groups boosted the commodity-weighted index....
...European stocks edged higher in early trading as a rally in technology stocks outweighed declines for major luxury groups....
...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....
...Wall Street opened higher on Wednesday, buoyed by strong performance from megacap technology groups and chipmakers amid a flurry of corporate reports....
...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...
...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 sank in early trading on Friday amid a global sell-off after Israel launched retaliatory strikes against Iran....
...London’s FTSE 100 rose 0.6 per cent as shares in Anglo American jumped more than 13 per cent following reports that BHP had proposed a £31bn takeover....
...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 fell 1.8 per cent, also its worst day in nine months, as declines in Europe were led by energy groups, banks, and miners, which are over-represented in the commodity-heavy index....
...When Stephanie Cohen joined Goldman Sachs right out of college 25 years ago, even her fellow analysts could tell the fast-talking Chicago native was going to go far....
...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...
...Cohen, a 25-year Goldman veteran, led the Wall Street institution’s failed effort to build up consumer banking....
...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....
...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...
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