Subsidies needed

Subsidies needed

Consumer staple stocks lift London's FTSE 100; miners weigh

  • #Micron Technology Inc said it is considering building a new memory factory in the United States but that state and federal subsidies will be needed to offset costs that are higher than its factories in Asia
  • London's FTSE 100 edged higher, helped by gains in consumer companies and data showing a modest easing in domestic inflation, although a slide in mining #stocks capped the advance
  • A report from #blockchain development platform Alchemy shows that the Polygon ecosystem is expanding rapidly and is increasingly growing independent from #Ethereum
  • #BTCUSD exploded 3.7% in the last session
  • #AUDUSD rose 0.6% in the last session

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