Daily market update

Japan sees first rate hike in 17 years, Nvidia unveils new tech and Unilever to spin off ice cream division and cut jobs

“It’s not often that equities rise after an interest rate hike, but that’s exactly what happened in Japan,” says Russ Mould, Investment Director at AJ...

Tue, 19/03/2024 - 10:07

Markets boosted ahead of central bank decisions as Apple in talks with Alphabet over potential Gemini AI tie-up

“Tech stocks helped bolster nerves ahead of another data fuelled week when central bankers will once again take centre stage and we’ll all jump down...

Mon, 18/03/2024 - 17:20

FTSE 100 higher on China news, Haleon hit by Pfizer selling, Marshalls and Focusrite warn on profit, Sainsbury’s sees £59 million wiped off market value after weekend from hell and Currys defiant with latest trading update

“The FTSE 100 ticked higher at the start of the week with bargain hunters swooping on Reckitt after a big sell-off last week linked...

Mon, 18/03/2024 - 10:18

FTSE flat, more bullish comments lift IAG, Scottish Mortgage signals £1 billion buyback, CMA looking at Barratt’s Redrow deal and Vodafone to cut dividend again

“Even though Microsoft hit a new record high on Wall Street yesterday, the major US indices found it hard to keep a level footing and...

Fri, 15/03/2024 - 10:31

Producer prices rattle Wall Street, Irn-Bru maker AG Barr announces job cuts and housebuilders lifted by upbeat Vistry report

“With less than a week to go until the next meeting of US central bankers, markets are having to face up to the prospect that...

Thu, 14/03/2024 - 17:10

FTSE 100 flat after spike in oil, OSB slumps despite buyback, Deliveroo targets positive cash flow in 2024 and Trainline on growth track in UK and Europe

“The FTSE 100 was broadly flat early on as a tick higher in oil prices lifted index heavyweights BP and Shell,” says AJ Bell Investment...

Thu, 14/03/2024 - 10:20

UK stocks up on positive GDP news, US sees another tech rally, Balfour Beatty shares soar on results and chatter about tie-up between Liontrust and Artemis

“A pick-up in the UK economy and a rally in US tech shares on Wall Street last night helped to sustain the positive momentum on...

Wed, 13/03/2024 - 10:17

UK markets rally, vet industry probe hurts CVS and Pets at Home shares, Domino’s sales growth slows and Persimmon maintains dividend as profit halves

“European markets opened with a spring in their step, with the FTSE 100 up 0.9% and the DAX rising 0.3%,” says Russ Mould, Investment Director...

Tue, 12/03/2024 - 12:18

FTSE 100 firm despite weakness in Asia, Elliott pulls out of takeover battle for Currys, Bidstack appoints administrators and LoopUp to delist

“The FTSE 100 overcame a modest drop at the open to trade broadly flat after weakness in the US last Friday and subsequent falls in...

Mon, 11/03/2024 - 11:24

FTSE 100 lower despite gains in US and Asia, non-farm payrolls in focus, Informa nearly doubles dividend, Costco hit by revenue miss and Frasers burned by Matches setback

“The FTSE 100 dipped despite a strong showing in Asia and the US last night, dragged lower by some heavyweights like Rio Tinto and AstraZeneca...

Fri, 08/03/2024 - 10:26

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