UK FTSE 100 rises 0.55% as oil stocks gain
London’s FTSE 100 rose 0.55% to 10,708.76 points on Monday as investors favored defensive sectors, with oil prices and bond yields resuming their advance.
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London’s FTSE 100 rose 0.55% to 10,708.76 points on Monday as investors favored defensive sectors, with oil prices and bond yields resuming their advance.
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.