Pre. Settlement | N/A |
Settlement date | 2023-06-16 |
Open | 4,231.75 |
Bid | 4,288.25 |
Last price | 4,228.00 |
Day's range | 4,229.00 - 4,297.75 |
Volume | |
Ask | 4,289.00 |
The US economy added 339,000 nonfarm payroll jobs last month while the unemployment rate rose to 3.7%.
Traders' appetite for risk was boosted by optimism over an eventual breakthrough for US debt-ceiling talks and Walmart beating expectations.
The FTSE 100 finished in the red as US debt ceiling talks stalled sparking fears of a US default.
President Joe Biden is set to meet house speaker Kevin McCarthy.
FTSE 100 closes the week higher as the UK economy returned to growth.
First Republic’s share price has dropped by 95% since it was caught up in the regional banking frenzy sparked by the collapse of Silicon Valley Bank.
US retail sales fell by more than expected in March as consumers cut back on purchases of cars and other big-ticket items.
US stocks rose as investors braced for a crucial bank earnings season and digested the latest employment data which showed rise in unemployment.
The U.S. economy added 236,000 jobs in March showing payroll growth moderate. This comes after ISM Manufacturing and ADP Private Payroll numbers came in worse than Wall Street was expecting for the month. While some economic data may show the U.S. is in a recession, the impressive thing is “the labor market is still doing okay,” Apollo Global Management Chief Economist Torsten Slok told Yahoo Finance Live. If there’s a tightening in credit conditions, Slok adds that the economic slowdown could “come a bit harder and the labor market could slow down faster.”You can watch Yahoo Finance's Brad Smith, Seana Smith, and Brian Sozzi's full interview withTorsten Slok here. Key video moments:0:00:10 Economic data indicates recession0:00:29 Labor market still okay*Note: Apollo Global Management is Yahoo Finance’s parent company
Shell's strong trading points to another bumper buyback
The index was led by United Utilities Group.
Volatile quarter finishes with a flourish
US Treasury Secretary Janet Yellen has said that banking regulation and supervisory rules need to be re-examined.
FTSE 100 finished in the green but fashion retailer Next tumbled.
Wall Street's main indices were subdued following a three-day rally.
Wall Street shares tumbled as the banking crisis hit markets.
Bank of England rate hike, banks and stronger pound send FTSE 100 lower.
The UK blue chip index has bounced back after the surprise rise in UK inflation.
Calm in markets echoes Lehman Brothers collapse, analyst warns.
The European Central Bank hiked interest rates by 50 basis points.
FTSE 100 finishes lower following as banks suffer again.
Yahoo Finance’s Jared Blikre breaks down how stock futures are moving on Tuesday.
The FTSE 100 fell as shock waves continue to reverberate through financial markets after the SVB collapse.
Bank stocks plunged as fears over US lenders sparked selloff.
US stocks hold firm ahead of jobs data.