british pound

Major European indices continue to slip downward on Tuesday after stocks tumbled across the globe on Monday. The Dow and the S&P 500 futures are trading near-flat on last check Tuesday. The rise in the number of global coronavirus cases is a threat to the worldwide economy, the effect of which...

European indices are starting the week on a rough note, taking cues from Asia and the U.S. The Dow and the S&P 500 futures have shed 1% early Monday on the last check. WTI crude futures are falling sharply, down 2.94% to $38.68. Stalled U.S. stimulus talks, a rise in coronavirus cases...

European markets are trading higher as they retreat from four-day losses. The upswing follows Wall Street's positive close on Thursday and gains in Asia on Friday. The Dow futures have advanced 0.15%, and the S&P 500 futures are trading 0.12% higher on last check early Friday...

Major U.S. indices closed lower on Wednesday with the Dow losing 0.35%, the S&P 500 down 0.22%, and the Nasdaq down 0.28% as U.S stimulus negotiations did not reach a conclusive end. The presidential elections are two weeks away and the investor optimism seems to be diminishing. The Dow futures...

Wall Street advanced on Tuesday as the coronavirus stimulus deal got closer. U.S. futures are higher in Wednesday's early trade, with the Dow gaining 0.11% and the S&P 500 futures inching higher by 0.12% at publication time. European shares are bucking the positive trend in the U.S....

Major U.S. indices fell on Monday as the on-again-off-again hopes of a stimulus faded. The Dow lost 1.4%, the S&P shed 1.6%, and the Nasdaq declined 1.7%. All 11 S&P500 sectors ended the day lower. However, Dow futures are trading 0.47% higher and the S&P500 futures have gained 0.63% on...

Major U.S. futures are up on Monday on hopes of a stimulus before the presidential election. Dow Jones futures are trading 0.72% higher and the S&P500 futures are up 0.79% at press time. All European markets have advanced on Monday, taking cues for the economic recovery in Asia and...

Major U.S. indices are trading marginally lower on Friday with Dow Jones trading 0.06% lower and the S&P 500 down 0.02% at press time. Asia is having a mixed session, but European markets have rebounded significantly on Friday after Thursday's sharp fall. Markets are waiting for...

European indices are among the worst-affected on Thursday after Asia markets and U.S. futures dropped lower, as hopes of a stimulus before the U.S. election in November fades with a Democratic-Republican stalemate. Dow Jones futures are trading 0.51% lower and the S&P500 futures are down 0...

Most European markets opened lower on Wednesday following Wall Street's Tuesday decline and a muted session in Asia. Most stocks have recovered as the Oct. 15 Brexit deadline nears. European Commissioner for Internal Market Thierry Breton said that he would like a deal, but is also...

European stocks are cooling off in early trade on Tuesday after a three-day rally ended on Monday. Major U.S futures are also trading lower, along with Asian stocks having a mixed session. Dow Jones futures are trading 0.50% lower and S&P 500 futures are down 0.52% at press time. Euro...

The pound sterling jumped to its highest level against the U.S. dollar in 18 months late at 1.3478 on Thursday. The impressive 2.40% rise comes at the backdrop of the U.K. general election. The GBP also hit 1.2039 against the Euro, the highest in more than three years. What Happened The incumbent...

The Sterling is getting a lift again today in reaction to news that U.K. Prime Minister Boris Johnson and European Commission President Jean-Claude Juncker reached an agreement for the U.K.’s departure from the E.U. The British Pound, which has been on the move higher amidst optimism headed...

British Prime Minister Theresa May will go down in history after her Brexit proposal suffered the biggest defeat ever by 230 votes in Parliament. But on Wednesday, many of the politicians who didn't support her Brexit proposal agreed to keep her in power. This could be seen as a sign that...

This story was updated at 4:05 p.m. ET. The British pound rallied Wednesday morning off a 20-month low after U.K. Prime Minister Theresa May was projected to win a no confidence vote. What Happened Members of May's own Conservative party cast a vote Wednesday evening, which determined her...