Daily market update

FTSE 100 starts higher despite weaker Asian markets and Musk polls Twitter users on standing down as head of social media platform

“Despite some weakness in Asian markets overnight, the FTSE 100 starts the last week before Christmas with a sprinkling of cheer as it looks to...

Mon, 19/12/2022 - 10:04

Markets down in the dumps, reports suggest Netflix’s new plan isn’t working, Games Workshop in Amazon tie-up and Rank warns on profit

“Moves by three major central banks in a week to continue pushing up interest rates has put a halt to any thought of a Santa...

Fri, 16/12/2022 - 10:32

Interest rates keep going up, more commotion around Elon Musk selling Tesla shares and Currys warns on profit

“The interest rate hikes keep on coming and this trend is almost certainly going to remain intact in early 2023. The Federal Reserve has lifted...

Thu, 15/12/2022 - 10:04

FTSE dips after UK inflation comes in below expectations, Fed decision in view, demand still high for Watches of Switzerland’s products and TUI returns to profit

“We may not be out of the woods yet but there will have been an audible sigh of relief on Threadneedle Street this morning as...

Wed, 14/12/2022 - 09:27

FTSE flat with US inflation in focus, UK unemployment rate is up and Begbies Traynor’s confident outlook is bad news for everyone else

“Markets are in a holding pattern ahead of the US inflation reading – a data point which will be keenly watched ahead of the latest...

Tue, 13/12/2022 - 10:08

Jeremy Hunt’s warning puts a dampener on UK stocks, Microsoft to take stake in London Stock Exchange, Ashley takes new bet on Frasers and ASOS in talks with lenders over bringing in restructuring specialist

“A bleak warning from Chancellor Jeremy Hunt about ‘a tough road ahead’ for the UK economy put a downer on the domestic-focused FTSE 250 index,...

Mon, 12/12/2022 - 10:09

Hong Kong shares jump, plenty of small cap M&A and Associated British Foods sticks to guidance

“The Hang Seng is once again at the centre of all the action on the stock market with a 2.3% jump to 19,900. Much of...

Fri, 09/12/2022 - 10:45

FTSE steady as gas prices surge, Frasers profits up and On The Beach founder & CEO to exit

“The FTSE 100 failed to hold on to early strength and was 0.2% lower after the first hour of trading,” says AJ Bell Investment Director...

Thu, 08/12/2022 - 10:33

FTSE 100 higher as China eases Covid restrictions, GSK gets relief from Zantac ruling, Moonpig hit by postal strikes and Mitchells & Butlers’ sales perk up

“The FTSE 100 shrugged off losses on Wall Street overnight to trade higher on Wednesday morning as China showed genuine signs of easing up on...

Wed, 07/12/2022 - 09:30

FTSE 100 follows US stocks lower after better-than-expected services data, Ashtead raises guidance and Marston’s gets World Cup boost

“We’re very much in looking glass territory again with investors desperate for the Fed to ease up on rate hikes and therefore taking any bit...

Tue, 06/12/2022 - 09:36

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