European stocks look set to open higher on Friday, with early-morning data showing the U.K. economic growth stalled in July. The pan-European Stoxx 600 was flat at 8:30 a.m. in London (3:30 a.m. ET), with no broad consensus movement among sectors and major bourses. Data released on Friday morning showed that the U.K. economy recorded…
A road closure sign leans against a wall outside Royal Exchange in the heart of the City of London, on 13th June 2022, in London, England. Richard Baker | In Pictures | Getty Images U.K. economic growth flatlined in July, according to data published Friday, adding to Chancellor Rachel Reeves’ headache ahead of the Autumn…
Atlantide Phototravel | Corbis Documentary | Getty Images Asia-Pacific markets traded higher, tracking Wall Street gains overnight. Japan’s benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South Korea’s Kospi climbed 0.83%, and the small-cap Kosdaq jumped 0.65%. Australia’s benchmark S&P/ASX 200 added 0.41%. Futures for…
The 10-year U.S. Treasury yield fell to 4% Thursday, then snapped back as investors assessed the latest inflation data, as well as a jump in jobless claims. The yield on the benchmark 10-year Treasury was last unchanged at 4.032%, after falling to 4% earlier in the session. The 30-year Treasury yield meanwhile added more than…
Traders work on the floor of the New York Stock Exchange (NYSE) on September 03, 2025 in New York City. Spencer Platt | Getty Images Equities in several parts of the world have been rallying as easing inflation pressures, resilient corporate earnings and expectations for U.S. rate cuts boost investor sentiment. The MSCI All Country World…
Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August. Here’s what to know: For the third time this year,…
LONDON — European stocks opened higher on Wednesday as investors assessed the latest trade news, corporate earnings and inflation data. The pan-European Stoxx 600 was 0.5% higher by 11:56 a.m. in London (6:56 a.m. ET), with most sectors and all major regional bourses in positive territory. Looking at individual stocks, shares of Danish pharmaceutical giant…
Two types of story dominated the chatter in the newsroom this week. The watercooler favourite? The antics of high-profile CEOs, with the departure of Nestle’s boss over an undisclosed affair with a subordinate and the resignation of Suntory’s CEO over the possible purchase of illegal substances both causing a stir in the London and Singapore…
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024. Brendan McDermid | Reuters Federal Reserve Governor Christopher Waller, a candidate to take over from Jerome Powell as chair in 2026, on Wednesday voiced his support for starting a rate-cutting cycle in two weeks and said…
Daniel Sorabji | AFP | Getty Images LONDON — European stocks are expected to open broadly higher on Wednesday, reversing negative sentiment in the previous session that was driven by regional fiscal concerns. The U.K.’s FTSE index is seen opening marginally higher, Germany’s DAX 0.3% higher, France’s CAC 40 up 0.4% and Italy’s FTSE MIB up…
