FTSE 100 Slightly Lower In Cautious Trade; Energy Stocks Climb

RTTNews | 3 days ago
Stocktwits
FTSE 100 Slightly Lower In Cautious Trade; Energy Stocks Climb

(RTTNews) - U.K. stocks edged lower on Tuesday even as higher crude prices lifted energy stocks. Investors looked ahead to the release of key economic data this week that could sway expectations on the path of U.S. and U.K. interest rates.

The benchmark FTSE 100 was down 10 points, or 0.1 percent, at 8,271 after rising half a percent on Monday.

BP Plc and Shell both rose by 0.7 percent as crude prices held firm near recent highs. Vertu Motors fell about 1 percent. The automotive retailer said it anticipates fiscal 2025 results to be in line with current market expectations.

Saga rallied 2.1 percent. The provider of services to the over-50s has reported further strong trading in its ocean cruise business for the first four months of the year.

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Canadian Stocks Turning In Mixed Performance

Canadian Stocks Turning In Mixed Performance

Canadian stocks are turning in a mixed performance on Friday with investors digesting the nation's GDP data, and the Personal Consumption Expenditure report from the U.S.
RTTNews | 4h 25min ago
U.S. Dollar Slides After PCE Inflation Data

U.S. Dollar Slides After PCE Inflation Data

The U.S. dollar declined against its major counterparts in the New York session on Friday, as PCE inflation data came in line with economist estimates in May.
RTTNews | 5h 51min ago
German Unemployment Rises More Than Forecast

German Unemployment Rises More Than Forecast

Joblessness in German grew more than expected in June and the unemployment rate edged up, preliminary figures from the Federal Labor Agency showed Friday. The seasonally adjusted unemployment grew by 19,000 persons in June following a 25,000 increase in May. Economists had forecast a rise of 15,000.
RTTNews | 5h 53min ago
U.S. Consumer Sentiment Deteriorates Much Less Than Previously Estimated In June

U.S. Consumer Sentiment Deteriorates Much Less Than Previously Estimated In June

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much less than previously estimated in the month of June. The University of Michigan said the consumer sentiment index for June was upwardly revised to 68.2 from the preliminary reading of 65.6.
RTTNews | 6h 20min ago
Chicago Business Barometer Rebounds Much More Than Expected In June

Chicago Business Barometer Rebounds Much More Than Expected In June

A report released by MNI Indicators on Friday showed a substantial slowdown in the pace of contraction in Chicago-area business activity in the month of June. MNI Indicators said its Chicago business barometer surged to 47.4 in June from 35.4 in May, although a reading below 50 still indicates contraction. Economists had expected the business barometer to climb to 40.0.
RTTNews | 6h 44min ago
U.S. Consumer Price Inflation Data In Line With Estimates In May

U.S. Consumer Price Inflation Data In Line With Estimates In May

The Commerce Department released closely watched consumer price inflation data on Friday, with the readings for the month of May coming in line with economist estimates. The report said the personal consumption expenditures (PCE) price index came in unchanged in May after rising by 0.3 percent in April. The unchanged reading matched expectations.
RTTNews | 6h 58min ago
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