Daily market update

Disney in focus amid reports of Pixar job cuts, while markets get off to lacklustre start to new trading week

“It’s a lacklustre start to the week for equities as the major indices tread water on both sides of the Atlantic,” says Dan Coatsworth, Investment...

Tue, 21/05/2024 - 18:25

AstraZeneca aims for the stars, retail companies tread water including Kingfisher and Shoe Zone, Greencore feasts on corporate turnaround

“Investors want the Federal Reserve to say inflation is comfortably on track to hit its 2% target and that interest rates will undergo a series...

Tue, 21/05/2024 - 10:40

Investors remain optimistic despite geopolitical uncertainty, British Land disposes of stake in Sheffield shopping centre, Ryanair hints at ticket price cuts and Kainos surges after bright update

“Investors have plenty to keep them occupied, with geopolitical uncertainty butting up against China growth hopes and a few domestic nerves ahead of Wednesday’s inflation...

Mon, 20/05/2024 - 10:44

Markets wobble, Reddit soars on AI tie-up and Chinese retail data disappoints

“After notching up new record intraday highs yesterday, US markets ran out of steam towards the end of the session and left Wall Street limping...

Fri, 17/05/2024 - 09:37

Walmart shares soar with business now worth more than $500 billion and Chevron to sell North Sea assets

“The Guinness Book of World Records will need updating given the performance of stock markets this year. UK and US equities have been racking up...

Thu, 16/05/2024 - 17:20

BT soars, Roche excites on weight-loss breakthrough and EasyJet boss to leave

“After a sparkling session on Wall Street last night amid hopes that the latest inflation data raises the chances of a US interest rate cut,...

Thu, 16/05/2024 - 10:29

FTSE 100 hits new record with investors in optimistic mood, Burberry shares return to Covid lows, Imperial Brands demonstrates pricing power, Experian impresses and Raspberry Pi to boost UK market’s tech exposure

“The market’s optimism is starting to look rather heroic. Despite higher than anticipated factory gate prices, US stocks made progress overnight and the FTSE 100...

Wed, 15/05/2024 - 09:37

FTSE 100 steady as UK wages rise, Anglo American announces strategic shake-up after BHP bid, Vodafone sees growth return in Germany, Greggs battles on despite unfavourable weather and Currys raises guidance

“After the stellar run which took it to all-time highs the FTSE 100 now seems stuck in a holding pattern – awaiting the next catalyst...

Tue, 14/05/2024 - 09:56

London markets lose momentum, Anglo American spurn BHP's revised proposal, Shein supplier practices under scrutiny as it homes in on London IPO and GameStop roars back to life

“London markets seem to have lost a little of their fizz as investors wait to find out if the latest UK jobs numbers are just...

Mon, 13/05/2024 - 17:45

FTSE 100 pauses for breath, activist reduces holding in Scottish Mortgage, Diploma lifts guidance and Gulf Keystone Petroleum launches buyback

“The FTSE 100 was probably due a pause after a breathless period which has seen it mark record after record and Monday morning saw the...

Mon, 13/05/2024 - 10:08

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