Daily market update

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

FTSE 100 steady as UK wages rise, Anglo American announces strategic shake-up after BHP bid, Vodafone sees growth return in Germany, Greggs battles on despite unfavourable weather and Currys raises guidance

“After the stellar run which took it to all-time highs the FTSE 100 now seems stuck in a holding pattern – awaiting the next catalyst...

Tue, 14/05/2024 - 09:56

London markets lose momentum, Anglo American spurn BHP's revised proposal, Shein supplier practices under scrutiny as it homes in on London IPO and GameStop roars back to life

“London markets seem to have lost a little of their fizz as investors wait to find out if the latest UK jobs numbers are just...

Mon, 13/05/2024 - 17:45

FTSE 100 pauses for breath, activist reduces holding in Scottish Mortgage, Diploma lifts guidance and Gulf Keystone Petroleum launches buyback

“The FTSE 100 was probably due a pause after a breathless period which has seen it mark record after record and Monday morning saw the...

Mon, 13/05/2024 - 10:08

FTSE 100 makes new all-time highs, International Consolidated Airlines benefits from early Easter and Rightmove hit by shift in business mix

“The FTSE 100 is again in the ascendancy as the market hit new all-time highs on Friday,” says AJ Bell Investment Director Russ Mould. ...

Fri, 10/05/2024 - 10:26

Markets static ahead of UK rate decision, Airbnb tumbles on Q2 outlook, Arm sold off on soft outlook and ITV hit by writers’ strike delays

“It’s common to see markets freeze ahead of an interest rate decision and that’s exactly what’s happened in the UK,” says Russ Mould, Investment Director...

Thu, 09/05/2024 - 10:06

Another new FTSE 100 record, Direct Line commits to cost cuts, Wetherspoon credits breakdancing pensioners, Boohoo’s debt and losses pile up

“The FTSE 100 continues to forge to new all-time highs with sterling weakness providing the index with a bit of a kicker,” says AJ Bell...

Wed, 08/05/2024 - 10:40

FTSE 100 breaks another record, BP’s first-quarter earnings short of forecasts and Nintendo hints at new hardware launch date

“Whoever followed the advice to sell in May and go away will be kicking themselves if they disposed of UK shares from their portfolio. A...

Tue, 07/05/2024 - 10:00

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