Daily market update

FTSE 100 higher as US stocks hit yet another record, Netflix sees big subscriber growth, Wetherspoons and EasyJet doing well, regulator says Royal Mail could reduce delivery days

“The FTSE 100 got off to a strong start on Wednesday as US stocks continued to test new records with earnings season getting underway in...

Wed, 24/01/2024 - 09:52

FTSE 100 higher as US indices hit new record highs again, Marston’s and Premier Foods toast strong trading, Primark saved by Christmas boost and Boohoo CFO exits

“The FTSE 100 ticked higher on Tuesday, building on Monday’s gains as US stocks mark new record highs for the second session in a row,”...

Tue, 23/01/2024 - 09:46

Wall Street joy extends to UK on Monday, more positive outlook for UK economy, Storm Isha doesn’t hold back insurance or retail shares and Sorrell’s S4 stops the rot as it sticks with guidance

“A strong session last Friday for Wall Street saw the S&P 500 hit a new record high and that positivity extended to Europe at the...

Mon, 22/01/2024 - 09:57

FTSE 100 flat after big falls, Frasers ups stake in Boohoo, Sainsbury’s to exit banking, Flutter shrugs off sporting results hit, Currys lifts earnings guidance and Watches of Switzerland smashed by festive flop

“The FTSE 100 stabilised after falling on yesterday’s nasty inflation surprise and weak Chinese growth figures,” says AJ Bell Investment Director Russ Mould.

“When...

Thu, 18/01/2024 - 10:31

FTSE hit by inflation shock and China disappointment, GSK sells more of Haleon, BP makes interim CEO permanent and 888 says earnings to be at lower end of expectations

“Investors have had to rip up their game plan after UK inflation went in the wrong direction to support the narrative for interest rate cuts,”...

Wed, 17/01/2024 - 10:19

FTSE hits one-month low, Rolls-Royce down on ‘sell’ note, Ocado Retail enjoys record Christmas, Vodafone inks partnership with Microsoft and THG on comeback trail

“The FTSE 100 slipped to a one-month low, dragged down by healthcare and financial stocks. Part of the problem is central banks constantly teasing the...

Tue, 16/01/2024 - 09:56

Markets higher as US factory gate prices ease, PageGroup and Crest Nicholson warn, reports suggest Shein IPO plan faces hurdle

“The FTSE 100 made a solid enough start to the week on Monday but it may suffer from a lack of direction later given US...

Mon, 15/01/2024 - 10:28

Oil price rally lifts FTSE 100, IPO machine whirs back into action and Burberry warns again

“Wall Street managed to avoid a big sell-off despite hotter than expected US inflation figures reducing the chances of interest rates being cut as soon...

Fri, 12/01/2024 - 10:06

Marks & Spencer sees slowdown in sales growth, Tesco delivers profit upgrade and Taylor Wimpey sticks with guidance

“Despite a barrage of corporate updates, the main thing on today’s agenda for markets is the latest inflation reading from the US,” says Russ Mould, investment...

Thu, 11/01/2024 - 10:37

Sainsbury’s hit by non-food blues, Persimmon with positive surprise and Greggs delivers the goods

“The FTSE 100 dipped on Wednesday off the back of downbeat sessions from Asia and the US last night,” says AJ Bell investment director Russ...

Wed, 10/01/2024 - 10:25

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