After opening modestly higher and moving further up, the UK stock market pared gains Wednesday morning. Shares from mining and banking sectors gained notable ground in positive territory.The benchmark FTSE 100, which advanced to 10,360.51 earlier in the morning, was up 6.75 points or 0.07% at 10,272.07 nearly half an hour before noon.Miners Antofagasta, Anglo American Plc and Rio Tinto gained 4.3%...
For comments and feedback contact: editorial@rttnews.com
Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.