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FTSE 100 LIVE: Stocks lower as UK house prices grow at fastest annual pace for two years

FTSE 100 LIVE: Stocks lower as UK house prices grow at fastest annual pace for two years


Published on 2024-12-02 07:00:49 - Bill Williamson, WOPRAI
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  • The FTSE 100 ( ^FTSE) and European stocks were lower on Monday as UK house prices rose at their fastest pace in two years. According to the latest survey from Nationwide, property values rose by 3.7% last month compared to a year earlier, despite the recent rise in mortgage rates.

The article from Yahoo Finance UK provides a live coverage of financial markets, focusing on the FTSE 100, Wall Street, and other economic indicators. It discusses the performance of major stock indices, with the FTSE 100 experiencing a slight decline due to concerns over global economic growth and trade tensions. Key points include updates on house prices, with a noted slowdown in the UK property market, and reactions to recent economic data releases. Additionally, there are mentions of corporate earnings, with some companies beating expectations while others face challenges. The coverage also touches on currency movements, with the pound showing volatility against the dollar amid Brexit uncertainties. The article captures the sentiment in the markets, highlighting cautious optimism among investors as they navigate through geopolitical risks and economic forecasts.

Read the Full Yahoo Finance Article at:
[ https://uk.finance.yahoo.com/news/live/ftse-100-live-stock-markets-wall-street-house-prices-091625407.html ]
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