U.K. stocks snap three-day losing run
U.K. stocks closed higher Thursday to end a three-day losing run, led higher by more defensive plays.
FOMC Disappoints Market, Central Banks Eye Trade, U.S. Data Comes In Strong
Global markets are cautious following a round of less dovish than expected central bank meetings.
Dow Jones Today: Stocks Jump At Open; Target, Microsoft Stocks Rise On Buybacks
Target and Microsoft stock were early leaders and Herman Miller scored a breakout, while the S&P; 500 and Dow Jones today aimed to turn the week positive.
Bank of England holds rates as it says excess supply has reemerged
The Bank of England voted unanimously to hold interest rates at 0.75% and maintain its government purchases at £435 billion. The Bank of England said underlying growth has slowed, but remains slightly positive, and that a degree of excess supply appear...
U.K. government submits written documents on how to get around backstop: report
The U.K. government has submitted documents to the European Commission that outline in writing for the first time Boris Johnson's ideas on how to end the Brexit impasse, BuzzFeed News reported, citing three sources. The documents in particular focus on how to get around the issue of the so-called backstop, though the report didn't say what those proposals were. The pound exchanged hands at $1.2482, up from $1.2472 on Wednesday.
U.K. retail sales slip 0.2% in August
U.K. retail sales fell 0.2% in August, as the prior month's gain from Amazon Prime Day reversed with a drop in non-store retailing. Economists polled by FactSet had forecast a 0.2% dip. The year-on-year growth rate slowed to 2.7% from 3.3%.
Dow Futures Edge Higher Amid Fed Rate Debate; Fed Runs Third Repo Intervention
Global stocks traded mixed Thursday, with U.S. equity futures indicating modest declines, as investors picked through two major interest rate decisions from major central banks, while preparing for a third later today, while keeping a keen eye on developments in Wall Street's overnight lending markets.