On this day: May 26 1896 — the first Dow Jones Industrial Average is published Markets 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 Markets 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 Markets 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 [...]
FTSE 100 extends record win streak as gold miners rally May 6, 2025 The FTSE 100’s record run, fuelled by a recovery in investor sentiment following a pullback in US tariff threats, extended to 16 days on Tuesday. The blue-chip index had another nail-biting session fluctuating between small gains and losses before scraping a 0.01 per cent win. Gold miners led the risers as Endeavour and Fresnillo topped [...]
FTSE 100 on track for longest winning streak ever May 2, 2025 The FTSE 100 is set to net its longest winning run ever as it recovers from the tariff-induced market chaos of April. Should the UK’s flagship index continue its morning rally and close in the green on Friday for the 15th consecutive trading session, it will beat the current record of 14 days achieved in [...]
FTSE 100 sees best winning streak in two years as trade war fears abate April 22, 2025 The FTSE 100 finished in the green on Tuesday for the seventh consecutive day, notching its best run of gains in two years as investor worries over protracted trade wars began to soften. London’s blue-chip index closed on a 0.64 per cent gain at 8328.60. Distribution firm Bunzl ended trading as one of the top [...]
Weak dollar restricting market rebound, say Barclays analysts April 16, 2025 A weakened dollar may prohibit the full recovery of global markets, analysts have warned, as investors continue to suffer the fallout from the Trump tariff mayhem. The DXY index, which tracks the dollar’s value against a basket of currencies, sank to its lowest in three years during Monday trading. This came after markets plunged following [...]
S&P 500 slumps on open as Treasury yields remain elevated April 10, 2025 US markets have opened down after digesting the implications of Donald Trump’s 90-day pause on his sweeping tariffs. The Nasdaq opened down 2.7 per cent, while the Dow Jones fell 1.9 per cent and the S&P 500 opened 2.3 per cent down. Meanwhile, US Treasury yields have remained elevated, with the 30-year US Treasury sitting [...]
S&P 500 and Dow Jones bounce back as FTSE 100 makes further gains April 8, 2025 Global markets were in recovery on Tuesday, as the S&P 500 and Dow Jones jumped on open and the FTSE 100 scraped further gains in the afternoon. The Dow rebounded 1,300 points – a more than three per cent surge. The S&P 500 and the tech-heavy Nasdaq were each up over three per cent, while [...]
Billionaire investor Bill Ackman warns of ‘economic nuclear winter’ from Trump tariffs April 7, 2025 Hedge fund manager Bill Ackman has issued a stark warning to the US President, urging him to pause the sweeping package of tariffs revealed last week on his so-called ‘Liberation Day’. In a post on X, Ackman declared: “The President has an opportunity on Monday to call a time out and have the time to [...]