|Day's Range||6,806.94 - 6,902.19|
|52 Week Range||6,673.60 - 7,903.50|
British Prime Minister Theresa May is facing a no-confidence vote from her own party, and that could send Brexit into disarray. Yahoo Finance’s Alexis Christoforous, Lianna Brinded and Alanna Petroff have details.
U.S. stocks couldn't hang on to a big gain Wednesday, but they still finished broadly higher as technology and health care companies rose. Stocks initially rallied after the Wall Street Journal reported that China's government could make changes to its "Made in China 2025" economic development plan. "Any time you get some semblance of good news on trade, you've had this tendency to see a pretty sharp rally," said Liz Ann Sonders, chief investment strategist for Charles Schwab.
Banks led the gains as Europe participates in global rally, fueled in part by trade hopes. The U.K. awaits the outcome of a confidence vote for Prime Minister Theresa May.
The U.K. stock market ends higher on Wednesday, as trade optimism held the markets in the green, despite the fact that U.K. Prime Minister Theresa May was set to face a leadership challenge amid broad discontent over Brexit.
By Danilo Masoni and Julien Ponthus MILAN/LONDON (Reuters) - European shares rallied on Wednesday after U.S. President Donald Trump sounded upbeat about a trade deal with China and optimism grew that Italy ...
British stocks rose on Wednesday as investors welcomed conciliatory talk from U.S. President Trump on trade and became more convinced Prime Minister Theresa May would see off a leadership challenge and win a no-confidence vote. The FTSE 100 (.FTSE) ended the day up 1.1 percent as financials and materials stocks rallied. Heavyweight lender HSBC (HSBA.L), which makes a big chunk of its revenue in China, was the biggest contributor to gains followed by BHP and Glencore, boosted by higher metals prices.
U.K. Prime Minister Theresa May is facing a vote of no-confidence on Wednesday. Here’s what investors need to know about it and what it means for Brexit.
President Donald Trump tells Reuters he would meet with China's Xi in order to close a trade deal and would intervene in Meng case if necessary. Bullish sentiment capped by news that Prime Minister Theresa May will face a leadership challenge from her Conservative party later today that could deepen the country's political crisis.
has admitted that the number of aircraft on the ground due to repairs on its Trent 1000 engine remains “at a high level”, even as the aero-engine group promised investors that profits would come in at more than £450m for the year.
Andy Agg, the interim chief financial officer of UK infrastructure operator National Grid will take on the position on a permanent basis from next year. Mr Agg has held the role on an interim basis since his predecessor Andrew Bonfield left in July to take up a position as CFO of US construction equipment manufacturer Caterpillar. “Andy has done a great job since stepping into the role on an interim basis in July and I am personally delighted that he has now been formally appointed to the role,” said John Pettigrew, National Grid chief executive.
Europe stocks are shooting higher after an update sentiment survey from the region’s biggest economy. Signs of another upbeat day on Wall Street is also helping out. .
LONDON MARKETS The FTSE 100 ended higher on Tuesday, a day after chaos in the U.K. parliament resulted in Prime Minister Theresa May delaying a vote on the terms under which the country would leave the European Union.
The FTSE 100 (.FTSE) top share index was up 1.3 percent at the close with gains in mining stocks and big exporters helping it outperform the domestically tilted FTSE 250 (.FTMC) index, which gained 0.9 percent after hitting two-year lows on Monday. Trading turned volatile towards the close after reports said lawmakers had enough letters to trigger a no-confidence vote in Prime Minister Theresa May's leadership, hours after German leader Angela Merkel ruled out further negotiations on Brexit. "It's virtually impossible to predict the outcome but we take a relatively neutral stance," said Nigel Bolton, chief investment officer of international equities at BlackRock.
European shares rose on Tuesday as optimism over the China-U.S. trade dispute helped them recover from the two-year lows hit in the previous session on a burst of political risk and worries over slowing global growth. The pan-European STOXX 600 (.STOXX) benchmark index rose 1.5 percent, while euro zone stocks (.STOXXE) added 1.3 percent and Germany's DAX (.GDAXI), the most sensitive to China due to its big exporters, rose 1.5 percent. Further cementing expectations that trade talks had not been interrupted was a report that China was preparing to cut its tariffs on U.S. car imports.