Sept 28 - London stocks lagged on Thursday, dragged by declines in homebuilders, and travel and leisure stocks, though losses were limited by gains in the energy sector.Shares of 888 Holdings tumbled 16.5% after the bookmaker forecast annual core profit below its prior expectations after flagging a 10% decline in third-quarter revenue.Meanwhile, homebuilders declined 2.
Britain set out plans to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country's departure from the European Union.U.S. oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts.
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Stock losses accelerate amid Fed fallout, shutdown worries: Stock market news todayStocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.
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Stock losses deepen amid Fed fallout, shutdown worries: Stock market news todayStocks pulled back as Wall Street continued to face up to the prospect of a long period of high interest rates.
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Stock futures tick higher after steep selloff: Stock market news todayStocks looked set to take a breather on Wednesday from steep losses fueled by concerns about economic impact of 'higher for longer' rates.
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Market mind: Dollar glimmers in broad market gloomGerman and Spanish inflation data and European consumer confidence data due today seem unlikely to pierce the gloom that's enveloped markets in recent days. Oil's spike to one-year highs has poured fuel on selling in the bond market and further pumped up the dollar, while global stocks have dropped for nine sessions in a row. The greenback stands at a 10-month high against a basket of other majors, and 10-year Treasury yields are hovering at a 16-year peak.
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Market mind: Dollar glimmers in broad market gloomA look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and European consumer confidence data due today ...
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US futures waver as oil rally hits pause: Stock market news todayWall Street stocks fought for gains on Thursday, struggling to shake off the downbeat mood hanging over markets despite a pullback in the oil rally.
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