The pound came under further pressure today, falling to $1.2311 after dropping yesterday to its lowest level versus the US dollar since April last year. Trade war fears and expectations of fewer Bank of England interest rate cuts have also left the 10-year UK gilt at 4.
Global stock markets were mixed on Thursday as Wall Street remained closed to honor the late former President Jimmy Carter. The U.S. stock market was closed Thursday in observance of a National Day of Mourning for Carter who died at the age of 100 late last month.
The Associated Press - Business News on MSN10d
Global indexes are mixed as the US stock market remains closed
Bangkok – World shares were mixed on Thursday as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter. London's FTSE 100 climbed 0.8% ... The Nikkei 225 index dropped 0.9% to 39,605.09.
The pound was down 0.58% at 1.229 US dollars and down 0.34% at 1.193 euros when London’s markets closed. This helped to support London’s multinationals on the FTSE 100, helping the index to a four-week-high despite a slump from retail stocks.
The US stock market will be closed for the funeral of former President Jimmy Carter, whilst bond markets are also closing early. The FTSE 100 index is set for a flat start to today’s session ...
Sterling has lost a cent against the US greenback, extending its recent losses and falling below $1.23 to its lowest level since November 2023. Biden blocked US Steel's $14 billion sale to Japanese giant Nippon Steel, creating new uncertainty for an iconic American steelmaker.
BANGKOK — World shares were mixed Jan. 9 as the U.S. stock market was mostly shut down to observe a National Day of Mourning for former President Jimmy Carter. London's FTSE 100 rose, but Asian markets mostly declined as caution revived over a likely deepening of trade friction once President-elect Donald Trump takes office.
A weak pound (GBPUSD=X) managed to help the FTSE 100 (^FTSE) outperform against ... a National Day of Mourning for former president Jimmy Carter. The pound was a further 0.6% down against the ...
BANGKOK (AP) — World shares were mixed on Thursday as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter. London's FTSE 100 climbed 0.8 ... The Nikkei 225 index dropped 0.9% to 39,605.09.
U.S. stocks are ticking higher following an encouraging update on inflation. The S&P 500 rose 0.4% in early trading Tuesday. The Dow Jones Industrial Average was up 163 points, and
Wall Street pointed modestly higher ahead of this week’s latest U.S. inflation reports and the unofficial start of earnings season. Futures for the S&P 500 and the Dow Jones Industrial
Drops for Nvidia and other superstar stocks are dragging U.S. indexes lower and keeping Wall Street stuck in its weekslong rut. The S&P 500 fell 0.8% early Monday. The index is coming off its fourth losing week in the last five.