Archive
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US close: Stocks finished mixed after Powell urges patience on rate cuts
Tue 16 April 2024 21:35
(Sharecast News) - US stocks finished mixed on Tuesday after bond yields climbed on the back of comments from Federal Reserve chair Jerome Powell, who said the central bank needed more confidence that inflation was on a downward trend before cutting inter
London close: FTSE 100 sinks to four-week low as risk-off trade takes hold
Tue 16 April 2024 15:57
(Sharecast News) - London's top-tier stock market closed at its lowest levels in four weeks on Tuesday as risk-off trading took over in light of escalating tensions in the Middle East and concerns that monetary loosening in the UK and US may not happen as
London midday: Risk appetite hammered by mixed data, Middle East fears
Tue 16 April 2024 11:42
(Sharecast News) - UK equities were a sea of red on Tuesday with just six stocks on the FTSE 100 in positive territory, as a barrage of mixed economic data and rising concerns about conflict in the Middle East hammering market sentiment.
London open: Stocks hit four-week low on mixed data, Middle East tensions
Tue 16 April 2024 07:57
(Sharecast News) - London stocks dropped to a four-week low on Tuesday morning as mixed economic data from the UK and China, along with rising tensions in the Middle East, hammered investors' appetite for risk.