Daily market update

FTSE 100 follows up yesterday’s strong gains with further progress as UK inflation comes in below forecasts, SSE ups capital investment plans and Experian posts strong profit

“The FTSE 100 maintained the head of steam it had built up on Tuesday afternoon as UK inflation followed yesterday’s US reading and came in...

Wed, 15/11/2023 - 09:52

Imperial Brands grows profits, Vodafone still in a mess and Glencore seals Teck coal deal

“The FTSE 100 dipped on Tuesday as investors awaited the latest inflation reading from the US,” says AJ Bell investment director Russ Mould.

“US markets...

Tue, 14/11/2023 - 09:36

FTSE 100 takes cue from Friday’s US gains, orders continue to flow at BAE Systems and Royal Mail owner fined

“The FTSE 100 made strong progress on Monday morning, following on from gains on Wall Street on Friday,” says AJ Bell Investment Director Russ Mould....

Mon, 13/11/2023 - 09:50

FTSE 100 slips as Powell pushes back on rates, FTSE 250 sharply lower, Diageo slumps on profit warning and Redrow says annual results to be at lower end of guidance

“As US stocks snapped their recent winning streak overnight it was always likely European markets would follow their cue and, sure enough, the FTSE 100...

Fri, 10/11/2023 - 10:15

Markets retreat on mixed corporate updates from the likes of Flutter and The Works, Arm’s post-IPO disappointment doesn’t bode well and Disney beats expectations amid Peltz pressure

“The market has been flooded with corporate news and to call the results and trading updates a mixed bag is putting it lightly,” says Russ...

Thu, 09/11/2023 - 09:57

FTSE 100 flat despite US gains, Marks & Spencer is on a roll and ITV hit by advertising downturn

“The FTSE 100 may have recovered from the lows seen in late October, as investors react positively to the latest decisions and noises from central...

Wed, 08/11/2023 - 09:41

FTSE 100 lower, Persimmon lifted, Associated British Foods impresses, Watches of Switzerland showing resilience and Direct Line getting back on track

“While signs of a softer economy in the US are typically taken as a positive by markets as they anticipate an end to their trial...

Tue, 07/11/2023 - 10:10

Markets higher on hopes rates have peaked, slowdown in new business at Prudential, Scottish Mortgage reports modest valuation decline and Hipgnosis Songs Fund slumps again on new dividend setback

“The FTSE 100 started the week modestly higher amid growing confidence the interest hiking cycle has peaked,” says AJ Bell Investment Director Russ Mould. ...

Mon, 06/11/2023 - 10:39

Equity markets extend yesterday’s gains, Maersk warning has big implications for economic outlook and Apple endures longest slide in sales in 22 years

“It’s encouraging to see equity markets continue to move higher following yesterday’s big rally driven by the Fed’s decision to hold rates once again. The...

Fri, 03/11/2023 - 10:40

Markets rally after Fed leaves rates unchanged, Sainsbury’s has found its groove, Shell delivers generous buyback and BT makes big progress on costs

“The Federal Reserve’s decision to hold rates has been given the thumbs-up by the market, resulting in a decent session on Wall Street last night...

Thu, 02/11/2023 - 10:58

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