|Day's Range||7,490.20 - 7,522.06|
|52 Week Range||6,866.90 - 7,903.50|
Global stocks were mixed Wednesday, with stocks in China rising to an 8-week high, as investors took advantage of a lull in the U.S.-China trade war and focused on today's interest rate decision from the U.S. Federal Reserve. Oil prices extend gains following yesterday's comments from President Donald Trump that OPEC is "ripping off" the world and his vow to impose further sanctions on Iran. European stocks slip as the euro holds gains against the dollar and domestic political pressure continues to build on Angela Merkel's fragile coalition government in Germany.
LONDON (Reuters) - Britain's top stock index held near a three-week high on Wednesday as investors took profits into a recent rally in oil majors after crude prices hit a four-year high, while retailer ...
Britain's top stock index held near a three-week high on Wednesday as investors took profits into a recent rally in oil majors after crude prices hit a four-year high, while retailer Boohoo jumped after a strong set of earnings. The FTSE 100 was broadly flat at 0840 GMT, as European markets lacked a clear direction ahead of a widely expected rate hike from the U.S. Federal Reserve later on Wednesday. Connor Campbell, analyst at Spreadex, said a decline in mining stocks and profit taking in oil majors prevented the FTSE from making substantial gains above the 7,500 points mark.
European shares held their ground on Wednesday morning, following limited gains on Asian stock markets and before a widely expected rate hike by the U.S. Federal Reserve. The pan-European STOXX 600 was ...
On Tuesday, President Donald Trump told international leaders that the States would no longer tolerate abuse when it comes to trade, but act in its "national interest" when it feels cheated. The pan-European Stoxx 600 was flat with the different sectors moving in opposite directions. On Tuesday, President Donald Trump defended his administration's stance on trade, telling international leaders that the States would no longer tolerate abuse when it comes to trade.
that Theresa May’s blueprint for the UK’s future relationship with the EU is unacceptable because it undermines a central tenet of the bloc and would spell “the end of Europe”. Bruno Le Maire warned that the British prime minister’s proposal, dubbed the Chequers plan, “doesn't add up” in its current form as it would send a damaging signal to the rest of Europe. “If we give the idea that we can exit the European Union and keep all of the benefits of the single market then it is the end of Europe,” said Mr Le Maire at the finance ministry in Paris on Tuesday.
Asian markets rose on Wednesday as traders awaited a third interest rate hike by the U.S. Federal Reserve for this year. KEEPING SCORE: Japan's Nikkei 225 rose less than 0.1 percent to 23,953.98. Hong ...
It turns out that I joined the staff of the Financial Times, officially on New Year’s Day 1990, just as the Japanese stock market had hit an all-time high (December 31 1989). For a generation now, the prolonged malaise of Japanese stocks after their bubble burst in 1989 has stood as a polar case, a warning of what can happen. When I started covering personal finance a year later, Japan had sold off hard, but remained relatively isolated from the potential effects of the Gulf war, which was about to break out into a full-blown shooting war.
Europe’s main stock gauge closes in the black on Tuesday, after a weaker start to the week as major oil companies climb on an extended run for crude prices and investors look ahead to the start of the Federal Open Market Committee meeting.
Investing.com - Stocks started in the day in the green in New York, as oil prices helped energy stocks again and bargain hunters came in after the previous trade-related selloff.
Britain's top share index edged up on Tuesday thanks to a surge in oil majors as crude prices hit a four-year high, while retailer Next stole the spotlight after a strong update confounded expectations. The FTSE 100 ended up 0.66 percent, with energy stocks and miners contributing the most to the rise. Next (NXT.L) shares jumped 7.7 percent to the top of the FTSE 100 after it raised its full-year profit forecast and struck an optimistic tone on a no-deal Brexit, saying it is well prepared for the eventuality.
Oil prices extend gains following yesterday's OPEC-led surge as investors question the impact of U.S. sanctions on Iran and cartel member's ability to boost production if needed. European stocks book solid opening gains amid reports that Italy's coalition government will deliver a budget that falls withing EU deficit rules. Benchmark 10-year Treasury yields top 3.11% for the first time this year following a $37 billion 2-year Monday that drew the highest yield since June 2008.
Investing.com – U.S. futures pointed to a slightly higher opening bell on Tuesday as investors wait for trade developments and the Federal Reserve begins its two-day policy meeting.The S&P 500 futures rose 7 points or 0.25% to 2,932.75 as of 6:50 AM ET (10:50 GMT) while Dow futures gained 76 points, or 0.29%, to 26,686.0. Meanwhile tech heavy Nasdaq 100 futures increased 10 points, or 0.14%, to 7,596.25.U.S. trade representatives and Japan’s economy minister meet for a second round of trade talks that were postponed from Monday. ...
U.S. President Donald Trump is expected to address the United Nations General Assembly today, with many expecting to hear his “America First” rhetoric. Iranian President Hassan Rouhani is also in New York for the assembly. U.S. trade representatives and Japan’s economy minister meet for a second round of trade talks that were postponed from Monday.
, the real culprit here looks to be FTSE Russell, the fully owned London Stock Exchange subsidiary. In a recent written answer to me, the government rightly acknowledges that the criteria for inclusion within the FTSE 100 index is “a matter for the benchmark administrator, rather than for the government or regulator” and more importantly that “discretion is available within this framework”.
Unilever is campaigning to convince a growing number of dissenting U.K. shareholders that the company’s plan to consolidate its headquarters in the Netherlands has merit. The Anglo-Dutch consumer giant’s move to Rotterdam will have “great benefits” for U.K. investors, Chief Financial Officer Graeme Pitkethly said in a Tuesday interview with the BBC Radio 4 station, noting that they would still be able to purchase London-listed stock and have dividends paid out in pounds. “We’re not leaving the U.K.,” Pitkethly said on a later call with reporters.
Unilever is campaigning to convince a growing number of dissenting U.K. shareholders that the company’s plan to consolidate its headquarters in the Netherlands has merit. The Anglo-Dutch consumer giant’s move to Rotterdam will have “great benefits” for U.K. investors, Chief Financial Officer Graeme Pitkethly said in a Tuesday interview with the BBC Radio 4 station, noting that they would still be able to purchase London-listed stock and have dividends paid out in pounds. Shareholders including M&G Investments, Aviva Plc and Lindsell Train have said they intend to vote against the proposal at a meeting Oct. 26 in London.
Oil’s four-year high helped pull the FTSE 100 to its best level in nearly a month, with BP and Royal Dutch Shell accounting for most of the daily gain. But airlines including EasyJet and British Airways ...
Next led the gains across Europe, up by 8 percent. Comcast announced that it had bought 29.1 percent of Sky shares in the market. European stocks traded mostly higher on Tuesday, with oil stocks driving the biggest gains.
Shadow chancellor John McDonnell’s plan to make companies hand 10 per cent of their shares to workers would allow a Labour government to extract an extra £5.9bn for public spending from FTSE 100 index companies alone were it fully in place this year, according to a Financial Times analysis. Over a decade it could allow the government to take almost £25bn from those companies, a significant burden on investors such as pension funds whose stakes would be diluted. Liz Truss, chief secretary to the Treasury, dubbed Mr McDonnell’s plan a new “tax”.
Resurgent fears of a protracted and costly trade war dented the FTSE 100 on Monday, while M&A stole the spotlight with Comcast finally clinching a takeover of Sky, and Randgold Resources agreeing a tie-up with Barrick Gold. Europe's largest pay-TV group Sky (SKYB.L) soared after Comcast's offer won an auction for the company with a $40 billion bid. Sky shares jumped 8.6 percent to 17.21 pounds, just below Comcast's cash offer of 17.28 pounds a share.
Investing.com - Stocks started lower Monday, with investors hesitant as a new batch of tariffs between the U.S. and China went into effect. But a wave of mergers produced a lot of activity in individual issues.
BEIJING (AP) — Asian stock markets were mostly lower Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war.