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UK News
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Banks, mining stocks lift UK shares as lockdown begins to ease
Published at 08/03/2021 at 17:03 -
Banks boost European stocks as recovery hopes grow
Published at 08/03/2021 at 16:58 -
Oil, travel stocks boost European shares
Published at 08/03/2021 at 08:25 -
Miners, energy stocks lift UK shares as lockdown begins to ease
Published at 08/03/2021 at 08:14 -
UK Stocks-Factors to watch on March 8
Published at 08/03/2021 at 07:46 -
REFILE-UK Stocks-Factors to watch on March 8
Published at 08/03/2021 at 07:45 -
FTSE 100 falls as high yields weigh, but marks best week in 2 months
Published at 05/03/2021 at 17:13 -
European stocks pressured by yields, but mark weekly gains on firm cyclicals
Published at 05/03/2021 at 17:12 -
Powell disappointment hits European stocks, tech slides again
Published at 05/03/2021 at 08:28 -
UK shares fall as higher bond yields weigh
Published at 05/03/2021 at 08:13
Forex News
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FOREX-Dollar hits 3-1/2 month high on firmer U.S. yields
Published at 08/03/2021 at 16:01 -
FOREX-Dollar perched at 3-1/2 month highs on firmer U.S. yields
Published at 08/03/2021 at 11:58 -
FOREX-Dollar stands tall as U.S. yields resume climb
Published at 08/03/2021 at 07:52 -
FOREX-Dollar hovers near three-month high as bonds sell off; risk currencies pare gains
Published at 08/03/2021 at 05:17 -
FOREX-Dollar falls against commodity currencies but holds gains versus yen
Published at 08/03/2021 at 00:50 -
FOREX-Dollar jumps as U.S. jobs growth beats expectations
Published at 05/03/2021 at 19:57 -
FOREX-Dollar jumps as U.S. jobs growth beats expectations
Published at 05/03/2021 at 15:02 -
FOREX-Dollar gains across the board as Powell sticks to script
Published at 05/03/2021 at 12:08 -
FOREX-Dollar gains across the board as Powell sticks to script
Published at 05/03/2021 at 09:47 -
FOREX-Dollar ascendant as Powell sticks to script; risk currencies slide
Published at 05/03/2021 at 04:50
Market News
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Oil slips after hitting pandemic high above $70/bbl after Saudi attack
Published at 08/03/2021 at 17:57 -
PRECIOUS-Gold slumps to 9-month trough as yields, dollar rally continues
Published at 08/03/2021 at 17:46 -
US STOCKS-S&P 500, Dow advance as stimulus bill gets Senate nod
Published at 08/03/2021 at 17:16 -
Banks, mining stocks lift UK shares as lockdown begins to ease
Published at 08/03/2021 at 17:03 -
Banks boost European stocks as recovery hopes grow
Published at 08/03/2021 at 16:58 -
GLOBAL MARKETS-Stocks climb as yields pull back from earlier high
Published at 08/03/2021 at 16:15 -
US STOCKS-Wall St rises as tech selloff eases; U.S. Senate passes stimulus bill
Published at 08/03/2021 at 15:52 -
US STOCKS SNAPSHOT-Nasdaq drops at open as U.S. stimulus fuels inflation jitters
Published at 08/03/2021 at 14:36 -
US STOCKS-Nasdaq set for sharp drop at open as U.S. stimulus fuels inflation jitters
Published at 08/03/2021 at 14:05 -
PRECIOUS-Gold falls 1% as elevated U.S. yields, strong dollar dull appeal
Published at 08/03/2021 at 13:49
GLOBAL MARKETS-Weak data, earnings drag stocks lower; oil falls
Published at
22/01/2021 at 22:12
* Global currencies v USD
* Global markets year-to-date
(Updates to U.S. stock market close)
By Rodrigo Campos
NEW YORK, Jan 22 (Reuters) - A gauge of stocks across the world slipped from record highs on Friday and the dollar edged up against a basket of peers as weak economic data and underwhelming earnings drove investors to reverse some recent risky bets.
Oil prices fell to end the week little changed and the dollar index posted its largest weekly drop in five weeks.
Technology stocks weighed the most on the S&P 500, with IBM
and Intel posting 10% and 9% declines, respectively, after underwhelming earnings.
Energy stocks also fell on Wall Street, alongside the price of crude.
With stock valuations nearing levels not seen in two decades, some market participants said new COVID-19 variants and hiccups in vaccine rollouts pose near-term risks for equities.
"If we're forced to keep the economy closed and it takes longer than we want to get through immunizations and vaccinations for the coronavirus, that's going to be a little rougher on the market than people apparently anticipated," said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management in Seattle.
The Dow Jones Industrial Average fell 179.03 points, or 0.57%, to 30,996.98, the S&P 500 lost 11.6 points, or 0.30%, to 3,841.47 and the Nasdaq Composite added 12.15 points, or 0.09%, to 13,543.06.
The three main U.S. indexes closed higher for the week, with the Nasdaq up over 4%.
The recent gains have come in hand with expectations for a near $2 trillion stimulus package for the American economy. On Friday, President Joe Biden said the U.S. economic crisis was deepening and that the government needs to take major action now to help struggling Americans.
The pan-European STOXX 600 index lost 0.57% on Friday after a survey showed economic activity in the euro zone shrank markedly in January, with the services sector weighed by lockdown restrictions to contain the coronavirus pandemic.
MSCI's gauge of stocks across the globe shed 0.44%.
Emerging market stocks lost 0.94%. MSCI's broadest index of Asia-Pacific shares outside Japan closed 0.85% lower, while Nikkei futures lost 0.23%.
The dollar index rose 0.14%, with the euro up 0.03% to $1.2166, while sterling was last trading at $1.3683, down 0.36% on the day.
The Japanese yen weakened 0.28% versus the greenback at 103.78 per dollar.
Overnight data from Japan showed that factory activity slipped into contraction in January and the services sector was more pessimistic as emergency measures to combat a COVID-19 resurgence hit sentiment.
In commodities, oil prices were weighed down by a build-up in U.S. crude inventories and by worries that new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer.
U.S. crude fell 1.94% to $52.10 per barrel and Brent
was at $55.21, down 1.59% on the day.
"The pandemic seems to continue to expand into a second wave in China, with infections rising by the day and reaching again different regions such as Shanghai," said Rystad Energy oil markets analyst Louise Dickson.
Benchmark 10-year notes last rose 6/32 in price to yield 1.0872%, from 1.107% late on Thursday.
Spot gold dropped 0.9% to $1,853.41 an ounce. Silver
fell 1.98% to $25.43.
Bitcoin last rose 9.06% to $33,610.83.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Global markets' year-to-date performance Global currencies vs. dollar in 2021
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
(Reporting by Rodrigo Campos in New York Additional reporting by Gertrude Chavez-Dreyfuss, Echo Wang, Herbert Lash and Laura Sanicola in New York Editing by Chizu Nomiyama and Matthew Lewis)
((rodrigo.campos@reuters.com;; +1 (332) 219-1131; ))