As it happened: FTSE 100 plunges as Iran pulls out of US peace talks; Mandelson files released Markets Good morning and welcome back to the City AM liveblog. Oil has nudged a touch higher to $93 per barrel this morning as uncertainty continues to cloud any prospect of a peace deal in the Middle East. The latest peace proposal between the US and Iran was said last week to be awaiting on the [...]
Wall Street scales to record highs as investors bet the end of the Iran war is in sight Markets Wall Street surged to fresh record highs on Wednesday amid growing optimism among investors and traders that the end of the US-Iran war is near as both nations gear up to return to the negotiating table. The benchmark S&P 500 breached 7,000 points for the first time in history, after climbing 0.8 per cent over [...]
Dow Jones slides as FTSE 100 extends losses amid Iran strikes Markets Wall Street joined Europe as markets opened on Monday with losses spread across the board as tensions escalated across the Middle East. The Dow Jones dropped nearly one per cent on open to 48,534.58 whilst the S&P 500 shed around 0.7 per cent to 6,828.47. The tech-heavy Nasdaq tumbled 0.7 per cent to 22,505.32. In [...]
Citrini Research report rattles markets as AI fears deepen tech sell-off February 24, 2026 A speculative research note imagining an AI-driven economic downturn caused a sharp sell-off in US tech stocks on Monday, adding to pressure already building from new AI tools. The Dow Jones Industrial Average fell 821.9 points on Monday, or 1.7 per cent, while the S&P 500 declined 1 per cent and the Nasdaq Composite slipped [...]
Shell and BP shares sink as China slams ‘bully’ US over oil dispute January 7, 2026 Shares in FTSE 100 oil giants took a tumble on Wednesday as President Donald Trump ramped up the pressure on Venezuela to hand over oil. Shell had sunk near four per cent by midday to 2,644.7p whilst BP was down 3.5 per cent to 416.65p. The losses in the oil giants – which make up [...]
FTSE 100 and S&P 500 circle record highs as US shutdown cools November 10, 2025 Global markets sprung back to life on Monday after AI jitters and the US government shutdown helped trigger widespread sell-offs last week. The S&P 500 – which tracks the 500 leading companies listed on stock exchanges in the United States – jumped over one per cent to 6,804.80p at Wall Street’s opening bell. The tech-heavy [...]
China fires back at Trump’s 100% tariff threat as markets jitter October 12, 2025 Just a day after president Donald Trump sent global markets reeling with his promise of a fresh 100 per cent tariff on Chinese imports, Beijing has struck back, accusing the US of “double standards” and warning that it could introduce its own countermeasures. A spokesperson for China’s Commerce Ministry said Washington’s threat to punish Beijing [...]
On this day: May 26 1896 — the first Dow Jones Industrial Average is published May 26, 2025 Charles Dow was a financial journalist with a rare gift. A high school dropout from rural Connecticut, he was able to explain the arcana of investment, stocks and bonds in clear, straightforward terms. In 1882, he and two other journalists, Edward Jones and Charles Bergstresser, founded Dow Jones & Company Inc. in a basement at [...]
Stock markets slide on Trump social media missives May 23, 2025 Stock markets across the western world felt the “chill winds” of Donald Trump’s latest trade salvos on Friday after the US President vowed to levy tariffs on imports from Europe and all Apple products made outside the US. America’s S&P 500 index opened down 1.62 per cent as traders pared back bets on US stocks [...]
Tesla and Apple shares surge as US markets rally on trade deal May 12, 2025 Markets on Wall Street soared on Monday as investors welcomed the trade progress between the US and China. The S&P jumped over 2.6 per cent as markets opened and the Dow Jones 2.41 per cent. Amazon gained over seven per cent and Nike six per cent. The tech-heavy Nasdaq rallied 3.5 per cent. Tech giants [...]