An Hour Ago Europe stocks open higher The pan-European Stoxx 600 index opened higher Monday, and was up by 0.5% at 8:50 a.m. London time. All sectors posted gains, led by oil and gas, up 1.17%. France’s CAC 40 advanced 0.8% as Germany’s DAX and the U.K.’s FTSE 100 gained 0.5% and 0.2%, respectively. See … Read more
Hong Kong’s Hang Seng index closed Friday trade in bear market territory, down 2.1% on the day and almost 21% from its January highs. The pan-European Stoxx 600 index followed suit, down 1% on the day and more than 3% for the week, while U.S. stock futures pointed to another lower open on Wall Street. … Read more
4 Hours Ago Stocks open little changed The three major indexes were near flat at open. The Dow, S&P 500 and Nasdaq Composite were all within 0.1% of their flatlines shortly after 9:30 a.m. ET. — Alex Harring 5 Hours Ago British insurer Hiscox down 9% after weak retail outlook Hiscox was the worst performer … Read more
10 Mins Ago Data supported a 25-basis-point rate hike from the Bank of England, strategist says Jordan Rochester, G10 FX strategist at Nomura, discusses market implications of the Bank of England’s 25-basis-point rate hike. 11 Mins Ago BOE sees U.K. inflation at 5% by year-end The Bank of England expects U.K. consumer price inflation around … Read more
Wed, Jun 28 2023 11:47 AM EDT Fed’s Powell on interest rate hikes: More restriction coming because of strong labor market CNBC’s Sara Eisen speaks with Federal Reserve Chairman Jerome Powell and other global central bank leaders Wednesday morning at a monetary policy forum in Sintra, Portugal. Wed, Jun 28 2023 9:39 AM EDT U.S. … Read more