The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.
Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.
Reckitt Benckiser warns of softer sales. A continued pullback in the pound helped push U.K. stocks higher Wednesday, as lackluster figures on British wages may help shape the Bank of England's monetary policy. The FTSE 100 index rose 0.4% to finish at 7,542.87, leaving it within striking distance of its record close achieved last week.
By Carla Mozee and Victor Reklaitis, MarketWatch. Disappointing financial updates hit Zalando's stock, others. European stocks finished with gains Wednesday, as falls in the euro and the pound helped exporters and offset disappointing financial updates from companies such as Zalando.
Nikkei up for 12th straight session; Rio Tinto sued. Stock markets were muted in Asian trade on Wednesday, sticking to narrow ranges as the first day of China's 19th Communist Party Congress drew to a close. Half a dozen major indexes ended no more than 0.1% higher or lower than their previous close, including Hong Kong, South Korea and Australia.
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