The London Stock Exchange edges up as investors eyed rebounding UK business activity despite sliding retail sales, on Friday. – EPA pic, April 22, 2023.
EUROPEAN and US stocks edged higher yesterday following mixed data and corporate results, as markets await peak earnings season and central bank actions. Frankfurt and Paris stocks ended the day half percentage point higher after purchasing managers’ index survey data showed eurozone business activity growth accelerated in April on the buoyant services sector – but manufacturing shrank.
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