Sector Review

Sector movers: Defensives bounce back at month's end

By Alexander Bueso

Date: Saturday 01 Jun 2024

(Sharecast News) - UK stocks extended their recent bounce following the release of slightly weaker-than-expected readings on US consumer spending and inflation.
According to the country's Department of Commerce, at 0.2% the core PCE price index registered its smallest month-on-month gain of 2024 in April.

That was alongside a 0.1%...

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