U.K. stocks were muted on Friday as trading resumed after a two-day break for Christmas holidays. The benchmark FTSE 100 was marginally lower at 8,130.70 amid a quiet day on the economic front. Energy giant BP Plc rose 0.3 percent and peer Shell was marginally higher, as oil ticked up and remained on track for...
European stocks were broadly higher on Friday as trading resumed after a two-day break for Christmas holidays. The pan-European STOXX 600 edged up by 0.3 percent to 505.08 and was on track for a modest weekly gain. The German DAX inched up 0.1 percent and Frances CAC 40 rose 0.4 percent while the U.K.s FTSE...
Indian shares eked out modest gains on Friday even as the rupee hit a new record low due to dollar demand from importers towards the end of the month and amid continued outflows from foreign investors (FIIs). Global cues were muted amid uncertainties on the Federal Reserves interest rate path in 2025 and potential shifts...
The pound appreciated against its major counterparts in the New York session on Friday. The pound rose to 8-day highs of 198.50 against the yen and 1.1346 against the franc, from an early low of 197.21 and a 4-day low of 1.1254, respectively. The pound advanced to a 1-week high of 1.2592 against the greenback...
European stocks closed higher on Friday, as investors made some purchases at several counters as markets resumed trading after Christmas holidays. Activity was a bit subdued in most of the markets in the region amid a lack of triggers, and ahead of the New Year holidays coming up next week. Frances new premier Francois Bayrou...
U.S. stocks are down firmly in negative territory Friday afternoon with rising Treasury yields contributing to the weakness. The major averages are all down in the red with the Nasdaq suffering a more pronounced loss. The Dow, which tumbled to 42,761.56, was down 336.36 points or 0.78 percent at 42,989.44 a little while ago. The...
U.S. stocks tumbled on Friday and the major averages all closed notably lower with the tech-laden Nasdaq suffering a more pronounced loss as yields on 10-Year Treasury Note rose to near 8-month high. The Dow closed down 333.59 points or 0.77 percent at 42,992.21, well off the days low of 42,761.56. The S&P 500, which...
Indian shares were a tad higher on Thursday after U.S. shares kicked of their seasonal Santa Claus rally on Tuesday in thin pre-Christmas trade. The benchmark S&P/BSE Sensex was up 120 points, or 0.1 percent, at 78,594 in early trade, rebounding from its worst week in 30 months. The broader NSE Nifty index was up...
Major stock markets around the world remain closed today amid festive season. In Europe, Germany, France, London, Spain and Switzerland are among the markets closed for the Boxing Day holiday. In the Asia-Pacific region, stock markets in Australia, New Zealand and Hong Kong are closed for the Boxing Day holiday. Indonesian markets remain closed for...
The Chinese yuan weakened against the U.S. dollar in the Asian session on Thursday. Global markets were closed for Christmas holiday and the thin trading with some markets in the region closed in the holiday-shortened week. Traders react to Chinas central bank holding the interest rate on the one-year medium-term lending facility at 2% on...