Banks, energy shares lift FTSE 100; Greggs top mid-cap gainer
Oct 5 (Reuters) – London’s FTSE 100 rose on Tuesday, buoyed by heavyweight banks on higher yields, while fast-food chain Greggs jumped after raising its profit forecast. The blue-chip FTSE 100 index (.FTSE) gained 0.6% by 0800 GMT after three straight sessions of losses, with HSBC Holdings (HSBA.L), Royal Dutch Shell (RDSa.L), BP (BP.L), and Lloyds Group (LLOY.L) among the top boosts. The […]
The Existing Inflation Woes Concerns THE US STOCKS & GLOBAL SELL-OFFS
Concerns that the US would need to intervene to control inflation shook the financial system last week, and UK stocks hit the global stock market. The FTSE 100 index of the world’s largest companies fell 2.3 percent, and European markets followed suit. On Wednesday, a rise in US inflation sparked concerns that the world’s largest […]
