Daily market update

FTSE 100 higher ahead of Fed meeting, GSK lifts forecasts, ASOS still a mess, Next upgrades guidance, WeWork reportedly on brink of bankruptcy and Aston Martin announces DB12 delays

“The FTSE 100 moved higher on Wednesday ahead of the crunch meeting of the US Federal Reserve,” says AJ Bell Investment Director Russ Mould. ...

Wed, 01/11/2023 - 10:06

Tough month for stocks as October draws to a close, BP misses expectations and Vodafone’s Spanish deal fails to impress

“We’re at the end of a difficult month for equity markets, shaken by conflict in the Middle East and a mixed set of corporate results....

Tue, 31/10/2023 - 10:38

Markets perk up, HSBC unveils bumper buyback but warns on costs and Frasers strikes a deal with Shein

“European equity indices pressed ahead at the start of the new trading week as investors slowly regain their appetite for riskier investments following last week’s...

Mon, 30/10/2023 - 09:51

FTSE 100 steady as Amazon numbers help lift the mood, NatWest rocked by profit downgrade, British Airways owner reports strong third quarter but market concerned about outlook

“The FTSE 100 was steady despite more selling in the US overnight as a positive after hours update from Amazon helped improve the market’s...

Fri, 27/10/2023 - 10:08

FTSE lower as Alphabet and Meta prompt a US tech sell-off, Standard Chartered slammed, Pizza Express in for Wagamama owner, WPP warns and Unilever underwhelms

“The fall-out from a disappointing performance from Google-owner Alphabet’s cloud division continues as a wider tech sell-off feeds into the performance of European markets...

Thu, 26/10/2023 - 10:28

FTSE lower after divergent fortunes for Microsoft and Alphabet, Lloyds sticks with full year guidance despite key profit measure coming in below and Reckitt buyback can’t compensat

“Despite gains in the US and Asia overnight on some solid US corporate earnings and news of Beijing launching a big stimulus package, the FTSE...

Wed, 25/10/2023 - 10:51

FTSE 100 steady after UK jobs numbers suggest loosening in the labour market, ScS takeover bid and Barclays’ downgrade to key profit measure drags banks lower

“The FTSE 100 was steady on Tuesday morning as UK jobs numbers suggested further loosening in the labour market,” says AJ Bell Head of Financial...

Tue, 24/10/2023 - 10:50

FTSE 100 lower as oil sinks, Magnificent Seven in focus as US earnings hot up and Vistry sees weak private house sales

“Markets remain edgy amid the ongoing conflict in the Middle East, with the FTSE 100 pulled lower by commodity stocks,” says AJ Bell Investment Director...

Mon, 23/10/2023 - 09:39

FTSE down again, UK public sector borrowing surprise, InterContinental Hotels sees slower growth, stakebuilding in Everyman Media

“The FTSE 100 is on track to end the week nearly 2% lower, the result of a challenging period for investors worried about war in...

Fri, 20/10/2023 - 10:16

Middle East worries weigh on stocks, Tesla misses expectations and OnTheMarket the latest UK takeover target

“Worries about an escalation of violence in the Middle East weighed on stocks around the world. US markets experienced a troubled session last night and...

Thu, 19/10/2023 - 10:05

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