Marketscreener.com on Nostr: London's stocks up on Wall Street rally ========== London's stocks opened higher ...
London's stocks up on Wall Street rally
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London's stocks opened higher following a rally on Wall Street, with the FTSE 100 up 0.4% and the FTSE 250 up 0.2%. The US jobs report showed that nonfarm payroll employment rose by 353,000 in January, exceeding expectations. Despite the strong jobs report, Federal Reserve Chief Jerome Powell expressed concerns about the US national debt, which currently stands at over $34 trillion. In currency markets, the pound was quoted at $1.2615, while the euro stood at $1.0777. Vodafone reported a 2.3% decline in total revenue for its third quarter, while SDCL Energy Efficiency Income Trust announced the renewal of a long-term contract with Cleveland Cliffs. CMC Markets plans to cut around 200 jobs, representing a 17% reduction in its headcount. Superdry's shares continued to rise as takeover talks for the company intensified. In China, the Shanghai Composite was down 1.0%, and the Hang Seng index in Hong Kong was down 0.2%. The Nikkei 225 index in Tokyo was up 0.5%. PMI data from the eurozone, the UK, and the US was expected later in the day.
#LondonStocks #WallStreetRally #UsJobsReport #FederalReserve #UsNationalDebt #CurrencyMarkets #Vodafone #SdclEnergyEfficiencyIncomeTrust #CmcMarkets #Superdry #China #PmiData
https://www.marketscreener.com/quote/index/S-P-500-4985/news/London-s-stocks-up-on-Wall-Street-rally-45881988/
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London's stocks opened higher following a rally on Wall Street, with the FTSE 100 up 0.4% and the FTSE 250 up 0.2%. The US jobs report showed that nonfarm payroll employment rose by 353,000 in January, exceeding expectations. Despite the strong jobs report, Federal Reserve Chief Jerome Powell expressed concerns about the US national debt, which currently stands at over $34 trillion. In currency markets, the pound was quoted at $1.2615, while the euro stood at $1.0777. Vodafone reported a 2.3% decline in total revenue for its third quarter, while SDCL Energy Efficiency Income Trust announced the renewal of a long-term contract with Cleveland Cliffs. CMC Markets plans to cut around 200 jobs, representing a 17% reduction in its headcount. Superdry's shares continued to rise as takeover talks for the company intensified. In China, the Shanghai Composite was down 1.0%, and the Hang Seng index in Hong Kong was down 0.2%. The Nikkei 225 index in Tokyo was up 0.5%. PMI data from the eurozone, the UK, and the US was expected later in the day.
#LondonStocks #WallStreetRally #UsJobsReport #FederalReserve #UsNationalDebt #CurrencyMarkets #Vodafone #SdclEnergyEfficiencyIncomeTrust #CmcMarkets #Superdry #China #PmiData
https://www.marketscreener.com/quote/index/S-P-500-4985/news/London-s-stocks-up-on-Wall-Street-rally-45881988/