UK’s FTSE 100 heads for 11th positive session in best run since 2019 The U.K.’s FTSE 100 was 0.4% higher at 9:50 a.m. in London, putting the blue chip index on track for its eleventh straight session in the green. Gains at the Monday close would extend its best winning run since December 2019, when…
UK labor market eases as wage growth remains strong The U.K. employment rate ticked 0.2 percentage points higher on the quarter to 75.1% between December 2024 and February 2025, the Office for National Statistics said in a labor market report published Tuesday. In an initial estimate, the number of payrolled employees fell 0.3% month on…
European stock markets were broadly higher on Monday morning, as investors parsed news of a U.S. tariff exemption for some tech items while the earnings season kicks into gear. The pan-European Stoxx 600 index was 2.2% higher at 9:30 a.m. London time with all sectors in the green, bolstered by technology gains of 3%. Oil…
European stocks dropped sharply on Monday, deepening a global market rout that kicked off last week following the latest announcements of U.S. President Donald Trump’s tariffs regime. The pan-European Stoxx 600 was 6% lower shortly after the opening bell, with all sectors and major bourses suffering significant losses. Germany’s DAX index was more than 9.5%…
Danger for markets is that tariff uncertainty drags on: RBC Brewin Dolphin Uncertainty may keep having a “spook effect” on markets even after U.S. President Donald Trump’s highly anticipated tariff announcement on Wednesday, Zoe Gillespie, chartered wealth manager at RBC Brewin Dolphin, told CNBC’s “Squawk Box Europe” on Wednesday. “The danger is we don’t get…
President Donald Trump’ s “America First” policies are having the unintended consequence of making the rest of the world suddenly attractive to investors. International stocks outside the U.S. are outperforming in a way they haven’t in years, with the iShares MSCI Emerging Markets ETF (EEM) and the iShares MSCI EAFE ETF (EFA) rallying more than…
Shipping giant Hapag-Lloyd posts 2024 profit decline, flags ‘fragile’ environment The Toronto Express container ship, operated by Hapag-Lloyd AG at the Port of Hamburg in Hamburg, Germany, on Wednesday, Dec. 20, 2023. Maria Feck | Bloomberg | Getty Images German shipping giant Hapag-Lloyd on Thursday reported a 19% slide in annual group profit to $2.59…
Traders work at the New York Stock Exchange on March 18, 2025. NYSE Investors are feeling as gloomy as consumers. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to the March edition of…
European markets opened higher on Friday as U.S. President Donald Trump’s tariffs regime continues to remain in focus. Talks centered on a ceasefire deal for Ukraine are also still in the limelight for regional traders. The regional Stoxx 600 was up nearly 0.4% shortly after the opening bell, with London’s FTSE 100 up 0.3% and…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City on March 10, 2025. Charly Triballeau | Afp | Getty Images CNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors…