{"id":21783,"date":"2022-05-17T09:32:09","date_gmt":"2022-05-17T09:32:09","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2022\/05\/17\/ftse-100-gains-as-unemployment-hits-48-year-low\/"},"modified":"2022-05-17T09:32:09","modified_gmt":"2022-05-17T09:32:09","slug":"ftse-100-gains-as-unemployment-hits-48-year-low","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2022\/05\/17\/ftse-100-gains-as-unemployment-hits-48-year-low\/","title":{"rendered":"FTSE 100 Gains As Unemployment Hits 48-year Low"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks advanced on Tuesday, led by gains in commodity-linked stocks.<\/p>\n<p>Investors cheered data showing that Britain&#8217;s unemployment rate fell to its lowest since 1974 at 3.7 percent in the first three months of this year.<\/p>\n<p>The benchmark FTSE 100 inched up 50 points, or 0.7 percent, to 7,514 after rising 0.6 percent on Monday. <\/p>\n<p>Strong commodity prices helped lift energy stocks and miners, with BP Plc, Anglo American, Antofagasta and Glencore rising 1-2 percent. <\/p>\n<p>Imperial Brands soared 7 percent as the tobacco giant reported a marginal increase in first-half sales after accounting for its exit from Russia in response to the invasion of Ukraine. <\/p>\n<p>Contour Global jumped as much as 33 percent after U.S. private company KKR agreed to buy the power generation company for 1.75 billion pounds ($2.16 billion). <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Gains As Unemployment Hits 48-year Low<\/a><br \/>\n<br \/>2022-05-17 09:32:09<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks advanced on Tuesday, led by gains in commodity-linked stocks. Investors cheered data showing that Britain&#8217;s unemployment rate fell to its lowest since 1974 at 3.7 percent in the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":21784,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-21783","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/21783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=21783"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/21783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/21784"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=21783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=21783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=21783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}