|Day's Range||7,647.88 - 7,705.80|
|52 Week Range||6,866.90 - 7,903.50|
U.S. dollar index falls more than 1.6% from Thursday's 52-week high after President says he's "not thrilled" with Fed tightening. China's PBOC fixed yuan at lowest level in 13 months as currencies move to center stage in trade war. Global stocks were mixed Friday, with modest gains in Asia offset by a weaker start in Europe, as investors continue to fixate on developments in trade disputes between the U.S. and China and comments from President Donald Trump that could suggest the dollar may by the next weapon in the White House's arsenal in the brewing trade war.
The UK's top share index held its ground on Friday, outperforming a broadly negative European market, as global trade uncertainty and political troubles closer to home spurred demand for defensive stocks and earnings filtered through. The blue chip FTSE 100 (.FTSE) index was up 0.1 percent at 7,694.98 points by 0916 GMT. The FTSE, dominated by companies with large foreign currency earnings, has found support from weakness in the pound, which has been on the backfoot this week amid signs of discord in Prime Minister Theresa May's party over her Brexit strategy.
In an exclusive interview with CNBC, Trump said he was “not happy” about rising interest rates. Fiat Chrysler has started the process to spin-off parts-maker Magneti Marelli. Shares in Europe hovered around the flatline in mid-morning deals on Friday following remarks from President Donald Trump about the Federal Reserve and amid further earnings.
You couldn’t tell from looking at the stock market. With higher oil prices and still solid growth in earnings and the global economy, domestic investors have enough reasons to disregard the biggest cloud on the horizon -- the possibility of a Brexit that leaves the U.K. cut off from its most important commercial partner. “You don’t want to totally leave the U.K. because there is some good value,” said Leigh Himsworth, who manages Fidelity International’s U.K. stock funds from London.
Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's ...
The Dow fell 0.53%, or 134 points to 25,065, while the S&P 500 fell 0.39%, or 11 points to 2,804, and the Nasdaq declined 0.37%, or 29 points to 7,825. The dollar was falling and gold was rising after President Trump complained of unfair currency manipulation by China and the EU in a wide-ranging interview with CNBC. During the interview, which is set to air in full Friday, Trump said, "You look at the euro.
European stock markets finish lower Thursday, pulling back from a one-month high as mining stocks track a selloff in the metal prices, and the latest round of earnings reports rolled out.
Investing.com – Wall Street was lower on Thursday as trade tensions resurfaced.The S&P 500 lost six points or 0.21% to 2,809.58 as of 9:42 AM ET (13:42 GMT) while the Dow decreased 57 points or 0.23% to 25,141.37 and tech heavy NASDAQ Composite was down 10 points or 0.13% to 7,844.27.Trade tensions continued after China said the White House was wrong to blame Chinese President Xi Jinping for blocking progress on a trade deal. White House trade adviser Peter Navarro told CNBC that the U.S. President Donald Trump's trade strategy is not as disruptive as many describe. ...
U.K. stocks ended higher on Thursday and the pound tumbled after disappointing British retail sales stoked speculation the Bank of England may refrain from hiking interest rates in August.
By Danilo Masoni MILAN (Reuters) - Earnings updates were the main focus on Thursday as Britain's top share index inched higher, but it stayed within recent tight ranges as caution over the outcome of Brexit ...
Sterling dived below $1.30 for the first time in 10 months on Thursday, sent lower by weak economic data, a resurgent dollar and uncertainty about how Britain's approaching exit from the European Union will play out. Lacklustre retail sales data for June painted a picture of an economy struggling against the backdrop of stagnating wage growth, steady inflation figures and difficult Brexit negotiations. Escalating trade tensions, robust U.S. economic growth and a confident Federal Reserve have all boosted the greenback's appeal.
Investing.com – U.S. futures pointed to a lower opening bell as earnings season and trade tensions continued to rattle investors.
Matt Cheslock joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after the Dow is set to snap a 5-day winning streak.