Daily market update

FTSE 100 higher with US and Asian stocks in recovery mode, Novo Nordisk hit by supply issues and competition, Glencore sticks with coal, Legal & General lifts dividend and WPP cuts guidance

“The FTSE 100 took succour from a continued recovery in Asian and US stocks overnight to trade appreciably higher on Wednesday morning,” says AJ Bell...

Wed, 07/08/2024 - 10:17

Markets recover from Monday’s rout, Domino’s lowers guidance, InterContinental Hotels posts strong second quarter and YouGov makes AI acquisition

“There will be some relief this morning as the FTSE 100 and other European indices arrested the recent market rout and eked out some solid...

Tue, 06/08/2024 - 10:02

Markets fall sharply, Clarkson profits dip and John Wood shares slump as Sidara walks away

“Friday’s brutal sell off has continued into the new week as investors mull the prospect that the much-touted US soft landing looks like being a...

Mon, 05/08/2024 - 09:45

US recession fears trigger global market sell-off, Japanese stocks among the biggest losers and British Airways owner International Consolidated Airlines brings back dividends

“So much for the big equity rally when interest rate cuts take centre stage,” says Russ Mould, Investment Director at AJ Bell.

“Investors thought rates...

Fri, 02/08/2024 - 12:35

Bank of England rate cut boost short-lived as pressure builds on Apple and Amazon to deliver

“London markets finally got the rate cut they’ve been anticipating from the Bank of England, only to end up back in the same old expectation...

Thu, 01/08/2024 - 17:09

Bank of England rate cut boost short-lived as pressure builds on Apple and Amazon to deliver

“London markets finally got the rate cut they’ve been anticpating from the Bank of England, only to end up back in the same old expectation...

Thu, 01/08/2024 - 17:09

All eyes on UK rate decision, Rolls-Royce to reinstate dividends, Next beats again and Wizz Air dives on profit slump

“‘Will they, won’t they?’ discussions have once again become the topic of conversation for investors after the Federal Reserve set the scene for a potential...

Thu, 01/08/2024 - 10:21

FTSE surges, ASML rebound on US reports, market laps up HSBC buyback, GSK’s shingles woes overshadow results beat and investors race for a date with Match Group

“Commodities came to the rescue, driving strong gains for the FTSE 100 and helping the UK stock market to buck the sell-off that gripped Wall...

Wed, 31/07/2024 - 09:42

FTSE hit by Diageo share slump as drinks giant sees problems grow and Greggs bucks negative retail trend with solid growth

“A catastrophic session from Diageo served to drag down the FTSE 100 index, which was also hit by Glencore’s weak production update,” says Russ Mould,...

Tue, 30/07/2024 - 09:51

NatWest retail offer abandoned, McDonald's sales hit and markets eye key central bank decisions

“This week is the kind of week no investor wants to be off on their summer holidays” comments Danni Hewson, Head of Financial Analysis at...

Mon, 29/07/2024 - 17:35

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