FTSE 100 Marginally Lower; Energy Stocks Rally
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were slightly lower on Wednesday, though higher oil prices lifted energy stocks.The benchmark FTSE 100 was down 0.1 percent at 8,244 on concerns
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BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were slightly lower on Wednesday, though higher oil prices lifted energy stocks.The benchmark FTSE 100 was down 0.1 percent at 8,244 on concerns
European stocks traded slightly lower on Wednesday as higher bond yields and a surge in oil prices due to heightened tensions in the Middle East stoked concerns that interest rates will likely stay higher for longer.
The major U.S. index futures are currently pointing to initial weakness on Wall Street on Wednesday, with stocks likely to move mostly lower following the mixed performance seen in the previous session.
Toyota is also pouring $1.4 billion into the state for the assembly of a new electric vehicle, and Google is building a $2B data center in northeastern Indiana.
South Africa's acquisition of its largest refinery from Shell and BP for a symbolic rand has sparked significant environmental concerns.