Daily market update

Stocks mixed after progress on debt ceiling deal, Hollywood Bowl scores a strike with strong performance in Canada

“A deal may have been done between President Biden and Republican Speaker of the House Kevin McCarthy but there was still a sense of unease...

Tue, 30/05/2023 - 11:22

FTSE 100 off to a strong start as miners rally, UK bond market in turmoil, US inflation figures in focus and ASOS looks to fix balance sheet

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“UK stocks made a strong start on Friday after an Nvidia-inspired charge on Wall Street overnight helped move investor attention...

Fri, 26/05/2023 - 10:01

FTSE 100 slides as debt ceiling concerns remain, Nvidia is a big AI winner and Pets at Home outlines new growth plan

“The FTSE 100 continued to lose ground on Thursday as the US debt ceiling crisis remained unresolved with the beginning of June deadline rapidly approaching,”...

Thu, 25/05/2023 - 10:09

FTSE 100 flat as debt ceiling talks stall again, BT up as Drahi increases stake, SSP’s recovery takes shape and Zoom lifts forecasts

“The FTSE 100 was flat on Tuesday morning as the latest US debt ceiling talks ended with the impasse between Democrats and Republicans still in...

Tue, 23/05/2023 - 10:50

FTSE 100 on track for good year, UK government sells more NatWest shares and Begbies’ joy is negative for UK business

“Despite the UK stock market having ground to a halt in recent weeks, there is no reason to panic. Year-to-date the FTSE 100 is up...

Mon, 22/05/2023 - 10:30

FTSE higher after progress on US debt ceiling, UK consumer confidence improves and Smiths Group lifts guidance

“The markets continue in a holding pattern with the FTSE 100 stuck in a tight range between 7,700 and 7,800 as investors await key economic...

Fri, 19/05/2023 - 09:23

Markets rise, Burberry shares down despite strong results and China’s Geely pays a premium to buy a large chunk of Aston Martin

“European markets got off to a good start on Wednesday with gains across all the major indices. The FTSE 100 rose 0.4%, driven by housebuilders,...

Thu, 18/05/2023 - 09:59

Debt ceiling fears mount, JD targets £1 billion profit and Watches of Switzerland warns on growth slowdown

“The FTSE 100 started Wednesday on the back foot as whispers in Washington about an impasse in debt ceiling talks soured the market mood,” says...

Wed, 17/05/2023 - 10:08

UK indices move higher, Vodafone to cut 11,000 jobs, upgrades drive Boohoo rally and Greggs delivers steady performance

“The FTSE 100 continued its slow ascent, rising 0.2% to 7,795 as investors flocked to buy industrials, property, tobacco and housebuilding stocks,” says Russ Mould,...

Tue, 16/05/2023 - 10:56

Markets perk up, British American Tobacco CEO suddenly leaves and Currys upgrades profit expectations

“A weekend of sunshine appears to have put investors in a better mood, with the main UK market indices doing their best to start the...

Mon, 15/05/2023 - 10:12

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