Stocks Move Mostly Lower Following Economic Data
After initially showing a lack of direction, stocks have moved mostly lower over the course of the trading session on Monday.
Markets
Britain’s manufacturing surge eases to four-month low
British factory output growth has slipped unexpectedly to a four-month low in March after the strong run manufacturing has enjoyed since the Brexit vote lost momentum.
London market struggles for direction as factory output cools
Blue chip shares held steady in afternoon trading despite signs that the strong run manufacturing has enjoyed since the Brexit vote is losing momentum.
Major Averages Lingering Near The Unchanged Line
In the first trading activity of the second quarter, stocks are showing a lack of direction in morning trading on Monday.
BP to sell Forties Pipeline System to tycoon Jim Ratcliffe’s Ineos
Energy and petrochemicals firm Ineos, founded by tycoon Jim Ratcliffe, has agreed to by the Forties Pipeline System (FPS) and its associated facilities, including the Kinneil Terminal, from oil giant BP in deal worth $250m (£200m).
Most Asian stock markets rise following mixed economic data out of Japan and Australia
Majority Asian stock market indices were trading higher on Monday (3 April), the first day of the new quarter.
Gold stays below $1,250 on dollar resurgence as oil price uptick runs out of steam
Gold prices saw a modest uptick on Friday (31 March) following two sessions in negative territory, while oil futures headed sideways during an uneventful European session in the commodities market.
Nasdaq Composite posts record close as financials lead US stocks higher
The new £1 coin: In numbers Wochit
US stocks settled higher on Thursday (30 March) as financial shares rallied and investors took in the latest economic data.
Top flight shares fall as Brussels talks tough on Brexit negotiations
Blue chip shares fell after the European Union set out its approach to Brexit talks, adding that trade talks could begin after “sufficient progress” on a divorce settlement with the UK.
Curbs on investment and speculation cools China’s tier 1 property prices: Moody’s Report
Property prices in tier 1 Chinese cities experienced a moderate month-on-month growth rate of 0.1% in February 2017, according to a report by credit rating firm Moody’s.