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FTSE firms on US stimulus hopes, Dixons Carphone rallies on first half profit rise

UK stocks were trading higher early on in Wednesday’s session as US lawmakers moved closer to agreeing on a new stimulus package for the world’s biggest economy. Investors also were holding out hope that Britain and the EU could agree on a post-Brexit trade deal before the transition period ends on 1 January. Meaningful progress on either the stimulus or Brexit fronts could help put the ...

FTSE closes firmly higher on Tuesday as strong earnings put investors in risk-on mood

UK and European stock markets enjoyed a day of strong gains on Tuesday as investors took a risk-on approach in the face of speculation in Washington that President Trump could introduce a capital gains tax cut to create jobs. UK stocks shrugged aside latest employment data which showed the number of people in work in the three months through June fell by 220,000, the biggest quarterly decline ...

UK markets higher as Rolls-Royce slashes costs, but oil rally runs into headwind

UK markets made a strong start in this shortened trading week with European equity futures rising this morning as some commentators turn less gloomy. At 9am, the benchmark FTSE 100 index is up 2.7% at 5,563.52, led by aero-engineer Rolls-Royce (RR.), while the rally of the mid cap FTSE 250 is even firmer, jumping 4.6% at 14,752.45.A slowdown in the growth rate of new US coronavirus cases may ...
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