Daily market update

Tesla sales fall again, Marks and Spencer to open new stores, Fed chair says they’ll take their time

“It’s been a tough day for investors trying to keep up with the volatile political landscape and absorbing the Fed chair’s cautious stance on the...

Tue, 02/07/2024 - 17:25

Sea of red for European shares, Sainsbury’s non-food operations continue to lag, Shoe Zone hit by shipping costs, BYD closes the gap on Tesla

“Without a positive contribution from the big oil producers, the FTSE 100 would have experienced an even worse day than it already has done. Falling...

Tue, 02/07/2024 - 10:14

Meta falls foul of new EU rules and housebuilders rise on Nationwide figures

“It’s impossible for investors not to consider the importance of stable government as so many countries face potential upheaval from disgruntled voters” says Danni Hewson,...

Mon, 01/07/2024 - 16:34

FTSE 100 higher ahead of election week, Boeing brings key manufacturer in-house, Anglo American hit by mine fire, Raspberry Pi targeted by short seller

“The FTSE 100 started July on the front foot, lifted by property, energy and financial stocks,” says AJ Bell Investment Director Russ Mould.

“Elections...

Mon, 01/07/2024 - 11:04

All eyes on US inflation data, two UK takeovers see plot twist, Nike stumbles on weak outlook

“US inflation numbers dominate the agenda, with the market expecting core prices to have fallen to 0.1% month-on-month in May versus 0.2% in April. The...

Fri, 28/06/2024 - 10:07

Walgreens’ shares go back to the 90s, Micron fails to impress, and DS Smith bid could be back on track

“Shares in Walgreens Boots hit a 27-year low after the retail pharmacy group’s results fell short of expectations,” says Dan Coatsworth, Investment Analyst at...

Thu, 27/06/2024 - 17:06

BP reportedly waters down green commitments, Mixed picture for retail as H&M and Halfords struggle but Moonpig and Watches of Switzerland bounce back, Currys underwhelms

“The FTSE 100 struggled to find direction as strength in energy and banking stocks was offset by weakness in pharmaceuticals, tobacco and mining,”

“This implies...

Thu, 27/06/2024 - 10:38

Inflation jitters, Shein’s London listing under scrutiny and turbulence for IAG

“The mere anticipation of crucial US inflation data heading our way later this week has pulled up that lovely little tech rally that had been...

Wed, 26/06/2024 - 17:21

Equity markets push forward, Alliance Trust eyes FTSE 100 promotion on Witan deal, Volkswagen agrees Rivian tie-up, FedEx boosted by cost cutting, AO and Marks Electrical show retail sector is still alive

“With the Nasdaq recording a 1.3% gain and Nvidia rebounding after its sharp sell-off to secure a 6.8% advance last night, it’s no wonder...

Wed, 26/06/2024 - 10:00

Nvidia bounces back, Carnival beats for seventh time in a row and Airbus woes drag down Rolls-Royce, Melrose and more

“Just as investors were starting to get worried about Nvidia’s share price entering a fourth day of declines, the chip giant has managed to...

Tue, 25/06/2024 - 17:01

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