Daily market update

Markets flat, AstraZeneca misses expectations, Unilever sees return of volume growth, ARM shares soar and British American Tobacco rebounds

“Markets struggled to find direction as investors were busy trying to digest a wave of corporate updates, some good and some bad. The FTSE 100...

Thu, 08/02/2024 - 10:33

FTSE flat, Barratt to buy Redrow, Sainsbury’s outlines new growth plans and PZ Cussons slumps

“The FTSE 100 was flat on a day stuffed with deals and strategic plans,” says Russ Mould, Investment Director at AJ Bell.

“Barratt Developments...

Wed, 07/02/2024 - 10:18

Chinese markets soar as state fund indicates share buying spree, BP beats expectations and Virgin Money delivers positive update

“The big story on the markets was the sharp rally in Chinese stocks after a state-backed initiative to stir up interest in equities,” says Russ...

Tue, 06/02/2024 - 09:50

FTSE 100 higher despite blowout US jobs report, Lloyds hit by Iran reports, Vodafone sees German recovery stall and Revolution Beauty reaches settlement with former CEO

“The markets continue to forge ahead despite a blowout jobs report from the US last Friday which seems to have finally put the nail in...

Mon, 05/02/2024 - 10:28

FTSE 100 higher as tech names shine, Amazon and Meta shares surge on strong results and Apple faces China struggles

“The FTSE 100 made a strong start on Friday morning, lifted by positive sentiment in the US overnight as Amazon and Meta chalked up...

Fri, 02/02/2024 - 10:08

Equity markets stumble as Fed pours cold water on prospect of near-term rate cuts, Adidas trips up on weak outlook and Shell beats expectations and unveils buyback

“All it took was a single sentence from Fed chair Jay Powell to cause equities to stumble. In a desire for inflation to be sustainably...

Thu, 01/02/2024 - 10:22

FTSE 100 dips ahead of Fed meeting, Advanced Micro Devices unveils iffy outlook, Universal Music in TikTok spate, Microsoft warns cloud growth to slow, Alphabet disappoints with advertising and Novo Nordisk beats expectations

“The FTSE 100 dipped on Wednesday after mixed trading in the US overnight, with investors absorbing numbers from Wall Street’s dominant tech sector,” says AJ...

Wed, 31/01/2024 - 10:22

Markets up ahead of Microsoft and Alphabet results, Diageo’s problems persist, Pets at Home warns on profit and WPP boosts medium-term targets

“The next two days will test investor sentiment thanks to the publication of financial results from two of the biggest names on the global stock...

Tue, 30/01/2024 - 10:47

Oil stocks lift FTSE 100, fears over impact of Evergrande liquidation on China’s financial system, Chill Brands and Supreme hit by disposable vaping ban and Ryanair lowers profit outlook

“The FTSE 100 started the week flat as a strong showing from heavyweight oil stocks helped make up for weakness elsewhere,” says AJ Bell Investment...

Mon, 29/01/2024 - 09:58

Markets end the week on a high, luxury goods stocks back in fashion, Intel sinks on weak outlook, WH Smith keeps head above water and Wickes pegs profit at top end of expectations

“US markets continue to enjoy a strong run thanks to generally positive updates from big tech firms,” says Russ Mould, Investment Director at AJ Bell....

Fri, 26/01/2024 - 10:46

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