European shares were firmly in the red on Tuesday as the optimism about U.S.-Chi...
LONDON - European shares were firmly in the red on Tuesday as the optimism about U.S.-China trade talks that swept stocks to fresh October highs cooled, with London’s FTSE 100 lagging the broader markets as the sterling rallied.
The FTSE 100 was down 1.1 percent to its lowest since Feb. 11 as sterling rallied to one-month highs after reports that Prime Minister Theresa May is considering delaying the March 29 deadline for Britain’s exit from the European Union. An announcement could come as soon as Tuesday. Even though U.S. President Donald Trump said he would delay a tariff hike on $200 billion of Chinese imports in the clearest sign yet that both sides were making progress, he also said a deal had not yet been sealed and there was still a lack of detail on what emerged from the Washington talks.
Investor focus also turned to Federal Reserve chairman Jerome Powell’s testimony to U.S. Congress later in the day.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
FTSE 100 held back by rising pound as U.K.’s May delays Brexit voteLondon’s markets climbed on Monday but were stunted in comparison to the rest of Europe’s indexes, after the pound rose and held back the FTSE 100 on the news U.K. Prime Minister Theresa May has delayed a parliamentary vote on her Brexit deal.
Leer más »
'Stocks look like dead money': Here's why any US-China trade deal might disappoint Wall StreetInvestors want so much from a US-China trade deal that any agreement will disappoint them, says FTSE Russell's director of global markets research.
Leer más »
London markets climb supported by banking and mining; Sainsbury’s merger with Asda at riskLondon markets were up on Wednesday, after gains from the banking and mining sector helped to boost the FTSE 100
Leer más »
European markets set to open higher on US-China trade optimismEuropean stocks are set to open higher Monday as investors monitor the ongoing China-U.S. trade talks.
Leer más »
FTSE 100 held back by rising pound as U.K.’s May delays Brexit voteLondon’s markets climbed on Monday but were stunted in comparison to the rest of Europe’s indexes, after the pound rose and held back the FTSE 100 on the news U.K. Prime Minister Theresa May has delayed a parliamentary vote on her Brexit deal.
Leer más »
Dow poised for longest weekly win streak since 1995 on optimism over trade talksStocks rise Friday, with the Dow on track for its longest weekly winning streak since May 1995, thanks to optimism over U.S.-China trade talks.
Leer más »