Daily market update

FTSE 100 slumps ahead of inflation data, Morgan Stanley sees profit boost and Bank of America shares slip back

“It’s been a torrid day for London markets with the FTSE 100 slumping by almost 2% just days after flirting with record highs,” says Dan...

Tue, 16/04/2024 - 17:42

Markets lower on wage growth shock, Superdry to delist, DS Smith to be 2024’s first FTSE 100 takeover, B&M disappoints, Hostmore feasts on TGI Friday’s, Dr Martens CEO steps down and Moneysupermarket posts mixed results

“The FTSE 100 slumped amid concerns about escalation in the Middle East and higher than expected wage growth,” says AJ Bell Head of Financial Analysis...

Tue, 16/04/2024 - 10:31

Profits jump at Goldman Sachs, oil price cools for now and Tesla lays off workers

“After Friday’s Wall Street sell-off markets have regained some optimism despite escalating tensions in the Middle East,” says Danni Hewson, Head of Financial Analysis at...

Mon, 15/04/2024 - 17:31

FTSE 100 dips but market retains calm amid rising geopolitical tensions, Inchcape sells UK car retail operation, Horizonte facing exit from UK market and PageGroup slammed by headwinds in jobs market

“The markets started the week with relative calm after news of Iranian strikes on Israel over the weekend,” says AJ Bell Investment Director Russ Mould....

Mon, 15/04/2024 - 09:51

UK stocks up on GDP joy and mining rally, metal prices continue to rise, Asia hit by rate worries and banks to kick off US reporting season

“There were divergent fortunes for the UK and Asia as the trading week drew to a close,” says Russ Mould, Investment Director at AJ Bell....

Fri, 12/04/2024 - 10:08

ECB holds rates but hints at potential cuts as investors await UK GDP figures

“If only investors possessed a crystal ball, all the speculation about when and if rate cuts might materialise would be put to bed,” says Danni...

Thu, 11/04/2024 - 17:23

Markets calm down after yesterday’s inflation drama, AstraZeneca dangles dividend carrot ahead of CEO pay vote and Lok’nStore the latest UK takeover target

“After yesterday’s US inflation figures knocked the market for six, it’s no wonder that equities struggled for direction on Thursday,” says Russ Mould, Investment Director...

Thu, 11/04/2024 - 10:12

Sticky US inflation changes the game as markets reassess rate cuts narrative

“It’s hard for investors to hang onto their sunny disposition when inflation keeps raining off the planned rate cut parade,” says Danni Hewson, Head of...

Wed, 10/04/2024 - 16:31

Markets upbeat ahead of US inflation data, Tesco results given thumbs-up by investors

“Having shown signs of nervousness at the start of the week, investors have got more into the groove as we approach the publication of US...

Wed, 10/04/2024 - 09:49

US equities turn red ahead of inflation data and sell-off in defence stocks puts BAE Systems at bottom of FTSE 100 leaderboard

“A cautious start to the day for European equities set the tone for Wall Street with US shares in the red as trading began across...

Tue, 09/04/2024 - 17:50

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