Daily market update

Markets calm on election news, National Grid fundraising spooks utility sector, Rolls-Royce fails to excite, Bloomsbury down on author setback and vet probe fails to knock CVS

“While politics has moved to the top of the agenda as the UK general election campaigning machine prepares to get underway, the only shock for...

Thu, 23/05/2024 - 10:05

Markets wobble as investors and Rishi Sunak are faced with a sea of red

“Investors and Rishi Sunak were treated with a sea of red that’s sweeping the country in more ways than one. The prime minister’s announcement of...

Wed, 22/05/2024 - 17:38

Markets hit by inflation disappointment, Marks & Spencer crowned king of retail, RS Group slumps and Mitchells & Butlers’ revival intact

“A slower than expected drop in the rate of UK inflation has spooked the market, pushing back the likely point at which the Bank of...

Wed, 22/05/2024 - 09:54

Disney in focus amid reports of Pixar job cuts, while markets get off to lacklustre start to new trading week

“It’s a lacklustre start to the week for equities as the major indices tread water on both sides of the Atlantic,” says Dan Coatsworth, Investment...

Tue, 21/05/2024 - 18:25

AstraZeneca aims for the stars, retail companies tread water including Kingfisher and Shoe Zone, Greencore feasts on corporate turnaround

“Investors want the Federal Reserve to say inflation is comfortably on track to hit its 2% target and that interest rates will undergo a series...

Tue, 21/05/2024 - 10:40

Investors remain optimistic despite geopolitical uncertainty, British Land disposes of stake in Sheffield shopping centre, Ryanair hints at ticket price cuts and Kainos surges after bright update

“Investors have plenty to keep them occupied, with geopolitical uncertainty butting up against China growth hopes and a few domestic nerves ahead of Wednesday’s inflation...

Mon, 20/05/2024 - 10:44

Markets wobble, Reddit soars on AI tie-up and Chinese retail data disappoints

“After notching up new record intraday highs yesterday, US markets ran out of steam towards the end of the session and left Wall Street limping...

Fri, 17/05/2024 - 09:37

Walmart shares soar with business now worth more than $500 billion and Chevron to sell North Sea assets

“The Guinness Book of World Records will need updating given the performance of stock markets this year. UK and US equities have been racking up...

Thu, 16/05/2024 - 17:20

BT soars, Roche excites on weight-loss breakthrough and EasyJet boss to leave

“After a sparkling session on Wall Street last night amid hopes that the latest inflation data raises the chances of a US interest rate cut,...

Thu, 16/05/2024 - 10:29

FTSE 100 hits new record with investors in optimistic mood, Burberry shares return to Covid lows, Imperial Brands demonstrates pricing power, Experian impresses and Raspberry Pi to boost UK market’s tech exposure

“The market’s optimism is starting to look rather heroic. Despite higher than anticipated factory gate prices, US stocks made progress overnight and the FTSE 100...

Wed, 15/05/2024 - 09:37

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