|Day's range||7,310.88 - 7,370.02|
|52-week range||6,536.50 - 7,903.50|
The FTSE 100 was up 0.3%, while the FTSE 250 rose 0.5%, with builder Galliford Try leading gains after announcing job cuts. After weeks of waiting for significant updates on Brexit, investors welcomed a "new deal" for Britain's departure from the European Union set out by Prime Minister Theresa May, which offered the prospect of a possible second referendum on the agreement.
The Unites States allowed Huawei Technologies to buy U.S.-made goods to maintain existing networks and provide software updates to existing Huawei handsets until Aug. 19 after blocking it from buying U.S. goods last week. London-traded stocks pared gains as the pound firmed on Prime Minister Theresa May's comments about the next Brexit votes.
Shares in European semiconductor companies, one of the most sensitive sectors to the global trade tensions, recovered from their worst day in 4-1/2 months on Tuesday after the White House backtracked overnight on tough limits on China's Huawei. AMS, STMicroelectronics and Germany's Infineon shot higher - between 2-5.6% - in early deals after Washington temporarily eased trade limits on China's Huawei Technologies, in a move aimed at minimising disruption for its customers. The technology index was up 1% at 0741 GMT, recovering some of the 2.8% lost on Monday as investors shunned the sector amid worries that Huawei suppliers would lose business or have to sever ties with the world's No. 2 smartphone company due to tough U.S. restrictions imposed last week.
U.S. equities sank Monday as the fallout from the White House’s moves against Chinese telecom giant Huawei battered technology shares and stoked trade jitters. The S&P 500 Index dropped for the second straight session, with semiconductor stocks among the biggest laggards, and the tech-heavy Nasdaq 100 Index saw its biggest decline in a week. Ten-year Treasury yields rose before a slew of U.S. data this week as well as Federal Reserve policy-meeting minutes on Wednesday.
Global risk appetite was jolted after Reuters reported Alphabet Inc's Google suspended some business with Huawei, while Apple Inc supplier Lumentum Holdings Inc said it had discontinued all shipments to Huawei. "Seeing as the United States has taken a tough stance against Huawei, traders are not hopeful that the U.S.-China trade dispute will be resolved quickly," David Madden, market analyst at CMC Markets UK, wrote in a note. Germany's DAX dropped 1.6%, while French stocks shed 1.5%.
The indexes, however, fared better than their European peers whose chipmakers were hit as sentiment were grim in the wake of the crackdown on Huawei. Concerns about the possible escalation of the U.S.-China trade conflict hung in the air after Google suspended some business with Huawei. "Seeing as the U.S. have taken a tough stance against Huawei, traders are not hopeful that the US-China trade dispute will be resolved quickly," CMC Markets analyst David Madden.
* European stocks slide: STOXX -1.1%, DAX -1.6% * Ryanair reports weakest annual profit in four years * Deutsche Bank hits record low on NYT Trump anti-money laundering report * Wall Street drops as tech ...
* European stocks slide: STOXX -1.3%, DAX -1.8% * Ryanair reports weakest annual profit in four years * Deutsche Bank hits record low on NYT Trump anti-money laundering report * Asian shares steadied after ...
* European stocks slide: STOXX -1.1%, DAX -1.5% * Ryanair reports weakest annual profit in four years * Deutsche Bank hits record low on NYT Trump anti-money laundering report * Asian shares steadied after ...
* European stocks slide: STOXX -0.7%, DAX -0.8% * Ryanair reports weakest annual profit in four years * Deutsche Bank hit record low on NYT Trump anti-money laundering report * Asian shares steadied after ...
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
A Ryanair profit warning pressured airline and travel stocks and chipmakers slid after Infineon halted shipments to Huawei as U.S.-China trade tensions kept a lid on the STOXX 600 at the open on Monday. The pan-European index was down 0.1% by 0735 GMT with most indices in the red after China struck a more aggressive tone in its trade war with the United States on Friday, although crude prices lifted London's oil-heavy FTSE 100. Europe's largest low-cost carrier Ryanair landed at the bottom of the STOXX 600 after issuing a profit warning as it grapples with overcapacity, Brexit and delays in delivery of the Boeing 737 Max.
Britain's main share index found support from oil majors on Monday after a signal from OPEC on sticking to production cuts, while weak results from Ryanair triggered a sell-off in airlines across the board. ...
* European futures sluggish * Ryanair reports weakest annual profit in four years * Deutsche Bank shares to fall on NYT Trump anti-money laundering report * Asian shares steadied after U.S. lifted Canada ...
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. The U.S. lifting tariffs on Canadian steel and aluminium is a much-needed boost to sentiment around trade, while oil will also be a support. The U.S. announced on Friday that it would remove tariffs on Canadian steel and aluminium, prompting Canada's foreign minister to vow the quick ratification of a new North American trade agreement.
Australian Federal Elections go the way of the Aussie Dollar, with Brexit, EU elections, stats, and trade war chatter in focus in the week ahead.
The U.S – China trade war continued to grip the markets and, while the China economy showed cracks, U.S stats impressed.
Stocks fell broadly on Wall Street Friday as investor jitters over the heated trade war between the world's two biggest economies overshadowed encouraging developments in conflicts between the U.S. and other key trading partners.
The FTSE 100 lost 0.1%, but still bagged weekly gains after a turbulent few sessions largely dominated by global trade relations. The FTSE 250 slipped 0.2%. Online takeaway service Just Eat tumbled 8.2%, its steepest one-day decline in more than a year, after rival Deliveroo said it had gained Amazon's backing in a $575 million funding round.