Investment Market Update
Asian stocks advanced after an upbeat assessment on the US economy from Federal Reserve Chairman Jerome Powell comforted investors wary of a blowout in protectionism.
US stocks pushed mostly higher as some investors took Federal Reserve Chairman Jerome Powell’s comments to suggest that the central bank is willing to slow down the pace of interest-rate increases if needed.
UK stocks closed higher, as commodity shares worked on recovering ground lost in the prior session and a softer pound provided a boost.
- Google will learn if it faces a record fine over its Android operating system today. The European Commission has claimed the US tech giant's mobile device strategy unfairly strengthened its dominance of search. The regulator can fine the firm up to 10% of its annual revenue - which amounts to £8.5bn.
- US President Donald Trump has said he accepts US intelligence agencies' conclusion that Russia interfered in the 2016 election - despite declining to do so just a day ago.
Due to unforeseen circumstances, market data is unavailable.
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