CNBC’s UK Exchange newsletter: AstraZeneca gets a shot on Wall Street
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe
In the markets
London-listed stocks have advanced over the past week, with the FTSE 100 up 1.38% from Sept. 23. It ended Tuesday at 9,350.43 points, with concerns surrounding a potential U.S. government shutdown weighing on investors’ minds.
The yield on 10-year gilts ticked higher from 4.695% a week ago to 4.701% on Tuesday afternoon, as U.K. borrowing came into sharp focus during Chancellor Rachel Reeves’ speech at the Labour party conference in Liverpool.
Meanwhile, sterling dropped 0.71% against the dollar over the last week, reaching $1.34.
The performance of the Financial Times Stock Exchange 100 Index over the past year.
— Katrina Bishop
Coming up
Oct. 1: Nationwide Housing Prices
Oct. 6: U.K. new car sales data
Oct. 7: Halifax House Price Index
— Holly Ellyatt
