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The semiconductor sector was enjoying a broad and healthy rally in afternoon trading Monday, enough to propel the PHLX Semiconductor Index SOX, -1.17% into record territory. The chip sector index, known as the “SOX,” ran up 2.7% with all 30 components gaining ground. The SOX has now run up 8.2% amid a four-session win streak, […]
Crude-oil futures reversed course to end sharply higher Monday, climbing in a session in which investors appeared willing to buy assets considered risky, despite concerns about the spread of the omicron variant of the coronavirus that causes COVID-19. West Texas Intermediate crude for February delivery CLG22, +0.74% CL00, +0.74% traded $1.78, or 2.4%, higher, to […]
Shares of Apple Inc. AAPL, -0.20% bulled up 2.0% into record territory in afternoon trading Monday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.43% gainers. The technology behemoth’s stock has now run up 5.9% amid a four-day win streak, and was currently headed for a close above the Dec. 10 record of $179.45. […]
The FCA has launched the UK’s first official anti-fraud jingle in a bid to protect consumers against loan fee fraud over the Christmas period. Last year the FCA received 32% more loan fee fraud calls per month across the festive period than the rest of the year, with 1 in 20 calls between November and […]
Gold futures finished in negative territory Monday, halting a string of gains at three consecutive but managing to hold above the psychologically significant price at $1,800 in the start to the final week of trading in 2021. February gold GCG22, +0.10% GC00, +0.10% closed $2.90, or 0.2%, lower to settle at $1,808.80 an ounce on […]
Home News FCA to introduce new Consumer Duty to drive a fundamental shift in industry mindset Press Releases First published: 07/12/2021 Last updated: 07/12/2021 New plans from the Financial Conduct Authority will ensure a higher and more consistent standard of consumer protection for users of financial services and help to stop harm before it happens. […]