|Day's range||7,517.07 - 7,560.04|
|52-week range||6,676.60 - 7,599.00|
Wall Street capped a week with no shortage of milestones with a few more Friday. U.S. stocks closed modestly higher, lifting the Standard & Poor's 500 index to its fifth record close in a row. The Dow ...
European stocks edged higher Friday, but with traders preferring to err on the side of caution as worries persist about the Spain-Catalonia standoff over independence for the wealthy region.
U.K. stocks significantly trimmed their gains and closed only marginally higher on Friday, weighed by a rise in the pound after a more positive tone came out of the EU summit in Brussels, seen as moving ...
The FTSE closed up 0.2 percent on Friday as sterling bounced back on hopes of a breakthrough in Brexit negotiations, and consumer heavyweights Unilever and Reckitt Benckiser weighed down an index that was earlier lifted by financials. The FTSE 100, which hit a record level last week, was on track for a slight weekly loss after four weeks of robust gains, bruised by sharp drops earlier in the week from Convatec (CTEC.L) and Merlin (MERL.L). British Prime Minister Theresa May won a modest reprieve in stalled talks with the European Union as EU leaders said they would begin preparations to move into the second phase of Brexit talks in December.
Spain Continues to Cast Shadow The European stock markets opened on a bright note as the news of the tax reform bill being passed in the US helped to support the dollar and push it higher during the course of today. This also led to the belief that more goodies are in store for the … Continue reading Market Snapshot – Markets Set to Continue Higher
After pulling back on Thursday, the FTSE 100 Index started higher on Friday and traded with stability in the morning session.
European stock markets moved higher after a largely positive session in Asia, with U.S. tax hopes underpinning sentiment after the U.S. Senate adopted a fiscal budget resolution for 2018 Thursday evening which has buoyed sentiment. However, after reaching record highs during the week global markets seem reluctant to push things much further for now and … Continue reading European Stocks Rally to Fresh Highs but are Capped by Spanish Shares
LONDON, Oct (Shenzhen: 000069.SZ - news) 20 (Reuters) - A recovery in financials and basic resource stocks boosted Britain's FTSE on Friday after the previous session's losses, as U.S. progress on plans to cut taxes and stronger metals prices helped support banks and miners. The FTSE 100 was up 0.1 percent by 0830 GMT, flirting with the record level it hit last week. Antofagasta (Other OTC: ANFGF - news) , Glencore (Frankfurt: 8GC.F - news) and Rio Tinto (Hanover: CRA1.HA - news) were among strongest gainers as London copper rose, on track for its fourth weekly gain and fresh from three-year highs.
Worries about Brexit talks between London and Brussels add to the case for dialing back exposure to U.K. stocks, but the biggest reason to underweight them could be the market’s makeup.
The FTSE 100 fell initially during the day on Thursday, testing the vital 7500 level, but found enough support there twice to turn around and rally. Because of this, I think the buyers are coming back and we should continue to see the market show signs of strength again. I think that the overall uptrend … Continue reading FTSE 100 Price Forecast October 20, 2017, Technical Analysis
Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan and speculation over Trump's choice for the next Fed ...
BP chairman Carl-Henric Svanberg is to leave the oil major next year. Mr Svanberg took up the position just four months before the Gulf of Mexico disaster in April 2010. Eleven workers died in the explosion and fire aboard the Deepwater Horizon rig - with the blowout then resulting in the worst environmental catastrophe in US history as an estimated five million barrels of oil spilled into the sea over 87 days.
U.K. stocks end lower Thursday as shares of Unilever weigh and as weaker-than-expected retail-sales data cool buying appetite.
Britain's main share index (.FTSE) fell 0.3 percent on Thursday as a weak third-quarter update from Unilever weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third. Disappointing retail sales figures sent sterling to a one-week low before recovering, helping the internationally-exposed FTSE reduce earlier losses slightly. Fresh from a record close, the FTSE 250 (.FTMC) ended 0.6 percent lower as workspace group IWG (IWG.L) plummeted 32.2 percent after warning on profit.
An escalation of political tensions in Spain, a clutch of disappointing corporate updates and concerns about growth in China prompted investors on Thursday to yank down European stocks.
LONDON, Oct (Shenzhen: 000069.SZ - news) 19 (Reuters) - Britain's main share index fell 0.3 percent on Thursday as a weak third-quarter update from Unilever (NYSE: UL - news) weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third. Disappointing retail sales figures sent sterling to a one-week low before recovering, helping the internationally-exposed FTSE reduce earlier losses slightly.
On this day, 30 years ago, stock markets around the world suffered a collective heart attack. There have been plenty of grim times for markets since, such as the three years during which the FTSE 100 fell after the dot-com bubble burst, or the precipitous fall between late 2007 and early 2009 as the global financial crisis struck. The 10.84% fall that the FTSE-100 suffered that day and the 12.22% fall it endured the following day remain the biggest one-day falls, in percentage terms, that the index has suffered in its 33-year history - far worse than any of the murderous one-day declines that the index suffered at the height of the financial crisis in 2008.
While growth slowed slightly in July-September, Chinese economy met expectations and is on course to beat the government's annual target
The FTSE 100 rallied slightly during the day on Wednesday, but then pulled back a bit from the 7550 level. I believe that the market continues to consolidate between the 7500-level underneath, and the 7550 level above. Given enough time, the market should continue to go above the 7550 level, and reach towards the 7600 … Continue reading FTSE 100 Index Price Forecast October 19, 2017, Technical Analysis
Stocks dropped around the world with disappointing corporate earnings in Europe and a report that Apple Inc. was dialing back its orders reversing the sentiment that sent benchmark gauges to record highs ...