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FTSE 100 closes up 21 points at 7,342 Next raises outlook on solid sales growth Croda falls after Estee Lauder warning 4:40pm: Stocks close higher ahead of...
The UK construction sector continued to struggle in October, a closely-watched survey showed on Wednesday, with both output and new orders on the back foot.
US 10-year yields is seeing a notable drop after Treasury unveiled its auction plan. In a closely monitored move, the department announced a USD 2B/month increase in 10-year bond sales. This increment was below market's anticipated USD 3B hike. The decision appears to bolster 10-year treasury price, subsequently pressing down 10-year yield. US stock futures echoed this positive sentiment with a rebound, though the currency market remains largely unaffected at this stage.
The UK manufacturing activity continued to contract in October with downturns in production and new orders curtailing job creation and economic uncertainty and the cost of living crisis pushed sentiment to a 10-month low, final survey results from S&P Global revealed on Wednesday.
FTSE 100 closes up 21 points at 7,342 Next raises outlook on solid sales growth Croda falls after Estee Lauder warning 4:40pm: Stocks close higher ahead of...