Daily market update

Markets stabilise after sell-off, Dr Martens rebounds on cost saving plan, Auto Trader motors ahead on results and Nightcap walks away from Revolution Bars takeover

“European markets dug their heels in and tried to stop the declines that dominated yesterday’s headlines. The FTSE 100 was firm, the IBEX 35 nudged...

Thu, 30/05/2024 - 09:44

M&A fever continues as ConocoPhillips feasts on Marathon and Wood Group receives fourth bid

“Global equities shuddered at the prospect of interest rates staying higher for longer. Despite plenty of earlier signals that central banks were in no rush...

Wed, 29/05/2024 - 17:40

FTSE 100 dips despite gains for big oil, BHP requests extension, Pets at Home eyes ‘pivotal year’ and Bloomsbury in US move

“The FTSE 100 started on the back foot on Wednesday after the mood darkened through the course of the day yesterday,” says AJ Bell investment analyst...

Wed, 29/05/2024 - 10:32

Boohoo backtracks on bonus plan, AstraZeneca hit by trial setback and Persimmon down on talk of Cala acquisition

Nvidia

“Investors have had time to think about their portfolios over the long weekend and Nvidia’s strong results last week have clearly given individuals...

Tue, 28/05/2024 - 16:43

FTSE 100 ticks higher after down week, Boohoo faces pay revolt and Revolution Bars rejects Nightcap approach

“After losing some of its momentum last week, the FTSE 100 seems to have come back from the bank holiday mildly refreshed as it nudged...

Tue, 28/05/2024 - 10:54

FTSE on track for 1.7% weekly loss as worry points pile up, relief for GSK’s Zantac legal battle

“It’s not been the best of weeks for the FTSE 100, with the UK blue-chip index on track to end the five-day session down 1.7%....

Fri, 24/05/2024 - 09:57

Investors ponder key questions for business as parties kick off election campaigns and Wizz Air soars on latest update

“It’s been some twenty-four hours and UK investors might be forgiven for feeling both shaken and stirred,” says Danni Hewson, Head of Financial Analysis at...

Thu, 23/05/2024 - 17:39

Markets calm on election news, National Grid fundraising spooks utility sector, Rolls-Royce fails to excite, Bloomsbury down on author setback and vet probe fails to knock CVS

“While politics has moved to the top of the agenda as the UK general election campaigning machine prepares to get underway, the only shock for...

Thu, 23/05/2024 - 10:05

Markets wobble as investors and Rishi Sunak are faced with a sea of red

“Investors and Rishi Sunak were treated with a sea of red that’s sweeping the country in more ways than one. The prime minister’s announcement of...

Wed, 22/05/2024 - 17:38

Markets hit by inflation disappointment, Marks & Spencer crowned king of retail, RS Group slumps and Mitchells & Butlers’ revival intact

“A slower than expected drop in the rate of UK inflation has spooked the market, pushing back the likely point at which the Bank of...

Wed, 22/05/2024 - 09:54

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