Economic Calendar

Thursday, February 25, 2010

U.K. Stocks Extend Decline After U.S. Economic Reports

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By David Merritt

Feb. 25 (Bloomberg) -- U.K. stocks extended declines after a report showed the number of Americans filing first-time claims for unemployment insurance unexpectedly increased last week.

The benchmark FTSE 100 Index fell 0.7 percent to 5,304.68 ar 1:35 p.m. in London.

A separate report showed orders for U.S. durable goods rose more than forecast in January, boosted by a surge in bookings for commercial aircraft that masked a decline in demand for some business equipment.




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