Housing Boosts Markets as Oil Slumps | Bermuda News

UK stocks rallied on fresh government plans to fund £10 billion in affordable housing, especially in London, sending homebuilders soaring—with Vistry up 16% after landing a major contract. Meanwhile, energy stocks slid as oil prices dropped amid muted concern over U.S. sanctions on Iran. Investors await Friday’s Fed chair speech for rate clues, while Melrose Industries gained on production recovery news. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/906086b52b57657d