FTSE 100 (^FTSE)
| Previous close | 8,381.35 |
| Open | 8,381.35 |
| Volume |
| Day's range | 8,381.35 - 8,455.77 |
| 52-week range | 7,215.80 - 8,455.77 |
| Avg. volume | 1,117,579,745 |
- Yahoo Finance Video
Stock markets, China tariffs, Novavax and Sanofi: 3 Things
The major stock market indexes (^DJI, ^IXIC, ^GSPC) are on the road to closing out the first full trading week of May on a high note, alongside several of its European counterparts: the FTSE 100 (^FTSE), the DAX Performance Index (^GDAXI), and the CAC 40 (^FCHI). President Biden is reportedly set to announce updates on Trump-era trade tariffs on China. Novavax (NVAX) shares are skyrocketing over 110% on news of the biotech company's plans to licensing deal with Sanofi (SNY, SAN.PA) to co-commercialize its COVID-19 vaccine For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Reuters
GLOBAL MARKETS-Global stocks rally, Europe at record highs, dollar gains
A rally in global equity markets lifted stocks in Europe to record highs on Friday amid strong corporate earnings and hopes central bank interest rate cuts are near, while the dollar edged higher despite signs of slowing U.S. economic growth. European shares posted their biggest weekly gain since late January, with the pan-regional STOXX 600 index rising for a sixth straight session, while the FTSE 100 in London hit yet another record high. U.S. equity markets took comfort from earning season as corporate results in aggregate beat expectations, said Dec Mullarkey, managing director of investment strategy and asset allocation at SLC Management in Boston.
The TelegraphBank of England made ‘persistent and systematic’ errors, official admits
The Bank of England made “persistent and systematic” errors in its forecasts about inflation, one of its policymakers has said.
