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【今日单词】

cement /sɪˈmɛnt/

名.水泥 动.用水泥糊起来

precipice /ˈprɛsɪpɪs/

noun

a very steep rock face or cliff, especially a tall one.

"we swerved toward the edge of the precipice"

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原文如下:

The day in the markets

by Ian Johnston, Tommy Stubbington, Philip Stafford andHarriet Clarfelt

(来自:The Financial Time 金融时报)

What you need to know

• Sterling holds on to its gains against the dollar

• Equity markets turn higher as investors scrutinisecorporate earnings

The yield on the benchmark 10-year gilt was 3 basis pointshigher at 3.9 per cent by late afternoon in London trading. The 30-year yieldslipped 4bp to 3.95 per cent, reflecting a small rise in price.

Sterling held on to its gains against the dollar to trade0.4 per cent higher on the day at $1.1260.

Wall Street stocks rose yesterday with the S&P 500 up0.2 per cent and the Nasdaq Composite adding 0.7 per cent by mid-session in NewYork.

Those gains came as shares in IBM rose more than 4 per centafter the tech group late on Wednesday posted better than expectedthird-quarter earnings and forecast full-year revenue growth above its previousguidance.

Shares in giants including Apple, Alphabet and Microsoftalso advanced, up between 1 and 2 per cent, helping to mitigate a drop of morethan 4 per cent for Tesla after revenues fell short of expectations for themost recent quarter.

Across the Atlantic, the pan-regional Europe Stoxx 600 indexrose 0.3 per cent.