FTSE 100 to snap streak after Fed hikes discount rate
The FTSE 100 is projected to shed as much as 0.8% in early trade today despite gains on Wall Street and Asia after the Federal Reserve made its first step towards tightening its loose monetary policy by hiking the discount rate from 0.5% to 0.75%, which i
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European Stocks Snap Four Weeks of Losses; Swatch, Xstrata Gain
European stocks rose this week for the first time in a month as concern eased that Greece, Spain and Portugal will struggle to curb their deficits and earnings at Swatch Group AG and Xstrata Plc beat estimates.
Swatch surged 8.7 percent as th
Tags: European, four, gain, losses, of, snap, stocks, Swatch, Weeks, Xstrata
Wall St gains drive Sensex to snap 2-day losing streak
Stocks snapped a two-day falling streak to close higher on Saturday buoyed by overnight gains on Wall Street, but investors remained cautious about European debt and the global recovery. The benchmark BSE Sensex ended up 0.79 per cent, or 124.72 point
Tags: 2-day, drive, gains, losing, Sensex, snap, St, streak, to, Wall
Financial Reports
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