Wall Street dips after Fed minutes affirm low interest rates for longer April 7, 2021 Wall Street dropped towards the end of trading, as traders digested the latest update from the Federal Reserve latest’s meeting. The Dow Jones, and Nasdaq indexes are currently down by 0.06 and 0.07 per cent respectively, while the S&P 500 is performing a little better, up 0.6 per cent. The Fed struck a dovish tone [...]
FTSE 250: The best and worst performers ranked as index hits record high April 7, 2021 It’s been a stellar week for the FTSE 250, which today soared to record highs as stocks rode a wave of optimism ahead of a further easing of lockdown measures. The domestically-focused index closed up 0.76 per cent at 22,160 points — an all-time high — as investors were buoyed by the reopening of pubs [...]
FTSE 100 jumps on post-lockdown hopes but Wall Street flat April 6, 2021 London’s FTSE 100 climbed by 1.4 per cent today as prospects of a planned re-emergence from lockdown next week boosted shares. The capital’s premier index currently stands at 6,840, its highest levels since 11 January. Across the Atlantic, however, the mood was more subdued, with Wall Street’s main markets flat at the open this afternoon. [...]
Morning Wire TV: Daily Market Snapshot (video) April 1, 2021 Morning Wire TV: Daily Market Snapshot (video)
FTSE 100 and Wall Street rise on recovery optimism March 26, 2021 FTSE 100 climbed further this afternoon as Wall Street opened higher on renewed economic recovery optimism. London’s blue-chip index is trading 0.9 per cent higher this afternoon as higher retail sales triggered a new wave of confidence in the economic recovery. Mining stocks including Rio Tinto, Anglo American and BHP pushed higher after a slow [...]
FTSE 10 and Wall Street slip despite encouraging economic data March 25, 2021 Mining stocks continued to drag down the FTSE 100 this afternoon while Wall Street opened lower despite an encouraging set of unemployment figures. London’s blue-chip index is down more than one per cent this afternoon with Antofogosta and Glencore all shedding more than four per cent. Bank of England Chief Economist Andy Haldane said he [...]
Majority of at-risk listed firms claimed government Covid support even as some neared collapse March 25, 2021 More than half of listed firms most at-risk of going bust claimed Covid support from government
Wall Street rallies on tech rebound as FTSE closes in the green March 22, 2021 Wall Street closed in the green on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields. The tech-heavy Nasdaq index closed up 1.2 per cent, while the S&P 500 and Dow Jones inched up 0.7 per cent and 0.2 per cent respectively. A sharp run-up in Treasury yields since mid-February [...]
Morning Wire TV: Daily Market Snapshot (video) March 22, 2021 Morning Wire TV: Daily Market Snapshot (video)
FTSE 100 falls as fresh lockdowns across Europe dampen economic outlook March 19, 2021 The FTSE 100 fell this morning as fresh Covid-19 lockdowns across Europe dampened hopes of a swift recovery in demand for industrial stocks including energy. London’s blue-chip index sank 1.2 per cent, before recovering slightly to sit 0.6 per cent down at 8.30am. Oil heavyweights BP and Royal Dutch Shell fell 3.2 per cent and [...]