The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
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By Carla Mozee and Sara Sjolin, MarketWatch. U.K. blue-chip stocks ended higher Friday, helped by a fall in the pound against the dollar after upbeat U.S. data lured investors into the greenback. Home builders were hit after Berkeley Group Holdings PLC, one of Britain's biggest developers, offered a downbeat view of the market.
Battery-materials company Umicore (UMICY.NaE) is among the few electric-vehicle' champions,' analyst says. As Yogi Berra might have put it: Nobody buys Tesla stock anymore. Yet the hunt continues for promising bets on rising SHYdemand for electric vehicles, and battery-materials company Umicore (UMICY.NaE) could fit the bill.
Australia's benchmark rebounds after three sessions of declines. Asia-Pacific stocks were largely lower Friday, with markets getting little direction from European and U.S. activity overnight, after what has been a choppy trading week. The declines came against a backdrop of more political rumblings globally: U.S. sanctions against Russia, reshuffles in the White House and Special Counsel Robert Mueller's decision to subpoena the Trump Organization.
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