Daily market update

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

FTSE 100 higher as US stocks hit yet another record, Netflix sees big subscriber growth, Wetherspoons and EasyJet doing well, regulator says Royal Mail could reduce delivery days

“The FTSE 100 got off to a strong start on Wednesday as US stocks continued to test new records with earnings season getting underway in...

Wed, 24/01/2024 - 09:52

FTSE 100 higher as US indices hit new record highs again, Marston’s and Premier Foods toast strong trading, Primark saved by Christmas boost and Boohoo CFO exits

“The FTSE 100 ticked higher on Tuesday, building on Monday’s gains as US stocks mark new record highs for the second session in a row,”...

Tue, 23/01/2024 - 09:46

Wall Street joy extends to UK on Monday, more positive outlook for UK economy, Storm Isha doesn’t hold back insurance or retail shares and Sorrell’s S4 stops the rot as it sticks with guidance

“A strong session last Friday for Wall Street saw the S&P 500 hit a new record high and that positivity extended to Europe at the...

Mon, 22/01/2024 - 09:57

FTSE 100 flat after big falls, Frasers ups stake in Boohoo, Sainsbury’s to exit banking, Flutter shrugs off sporting results hit, Currys lifts earnings guidance and Watches of Switzerland smashed by festive flop

“The FTSE 100 stabilised after falling on yesterday’s nasty inflation surprise and weak Chinese growth figures,” says AJ Bell Investment Director Russ Mould.

“When...

Thu, 18/01/2024 - 10:31

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