Daily market update

September could be key for markets, Live Nation under pressure over ticket pricing, Volkswagen weighs German plant closures

“Markets have shuffled into September, a month which could deliver the decisive moment of the year if the Fed follows through on its rumblings that...

Mon, 02/09/2024 - 17:33

FTSE 100 lower as Asian stocks fall on weak Chinese manufacturing data, Vertu warns of difficult first-half, Rightmove attracts takeover interest

“The FTSE 100 dipped on Monday after weak Chinese manufacturing figures put Asian stocks on the back foot overnight,” says AJ Bell Investment Director, Russ...

Mon, 02/09/2024 - 10:44

FTSE 100 higher as China considers mortgage reforms, house prices see biggest annual increase since December 2022, Lululemon avoids catastrophe, Dell boosted by AI server demand

“The FTSE 100 made a strong start to proceedings on Friday with Asian-focused financial firms HSBC and Prudential in demand,” says AJ Bell...

Fri, 30/08/2024 - 10:28

Nvidia narrows share price losses, US GDP upgrade welcomed with open arms by investors, talk of Shell job cuts, Dollar General slumps and Birkenstock disappoints

Tech Stocks / Nvidia / US GDP Figures

“Nvidia managed to claw back some of the big share price losses seen in after-hours trading...

Thu, 29/08/2024 - 17:25

FTSE 100 higher despite US tech sell-off, regulatory probe into Drax over, CrowdStrike suffers fallout from global IT outage, brandy makers toast China backdown and Salesforce beats expectations

“The FTSE 100 ticked higher despite a technology-led sell-off in the US overnight and a negative after-hours reaction to Nvidia’s results – the lack...

Thu, 29/08/2024 - 11:49

FTSE lags rest of Europe, Frasers eyes world domination, GSK shares up on legal appeal, Prudential maintains guidance despite stalling growth and Hyundai to capitalise on hybrid boom

“After showing resilience in the face of volatility on global markets in recent months, the FTSE 100 was the odd one out on Wednesday among...

Wed, 28/08/2024 - 09:52

Property stocks sink on Starmer’s gloomy speech, Oasis reunion set to boost UK economy

“While Labour’s pro-housing policies are theoretically positive for property developers, investors didn’t like the tone of Keir Starmer’s latest speech and a sea of red...

Tue, 27/08/2024 - 17:09

Oil price surge boosts FTSE 100, BHP beats expectations, shares crash in Temu-owner PDD, Bunzl boosted by bumper buyback and Ocado enjoys Australian success

“The FTSE 100 got off to a strong post-Bank Holiday start, lifted by its healthy contingent of resources companies,” says AJ Bell Investment Director Russ...

Tue, 27/08/2024 - 10:07

Natural resources stocks lift FTSE ahead of Powell’s speech at Jackson Hole and Nestlé boss departs after tricky year

“The FTSE 100 ticked higher on Friday, gradually clawing its way back towards the all-time highs it made in May,” says AJ Bell investment analyst...

Fri, 23/08/2024 - 10:27

Traders still not entirely convinced on near-term US rate cut, big-name stocks trade without right to next dividend and relief as JD Sports avoids athleisure slump

“The Fed might have given its strongest signal yet that it is ready to start cutting interest rates, but the market isn’t going all-in with...

Thu, 22/08/2024 - 10:29

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