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London pre-open: Stocks seen higher amid Fed rate cut hopes
London stocks were set to rise at the open on Friday, taking their cue from positive US and Asian sessions amid renewed hopes of more monetary easing from the US Federal Reserve.
Homeserve to sell shareholding in Italian associate, Close Brothers delivers 'solid' performance
London open The FTSE 100 is expected to open 38 points higher on Friday, having closed down 0. 56% at 7,493. 09 on Thursday.
Friday newspaper round-up: Boeing, Waitrose, Inmarsat
Boeing reported on Thursday it would take an after-tax charge of $4. 9bn in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 Max passenger jets, after two deadly crashes. The charge is from “potential concessions and other considerations to customers”, and the impact of continued lower production, the world’s largest plane maker said in a statement, as airlines that use the planes extend flight cancellations until November.
US close: Markets break into the green as earnings lift sentiment
US stocks finished in just the green on Thursday, as earnings and trade fears continued to weigh on market sentiment.