Wall Street rallies on strong tech earnings as FTSE 100 slips February 3, 2021 Wall Street pushed higher today on the back of strong tech earnings, but the FTSE 100 closed in the red after early losses were reserved. The Dow Jones was up 0.26 per cent shortly before markets closed, while the S&P 500 and Nasdaq rose 0.28 per cent and 0.18 per cent respectively. It marked the [...]
The week ahead, 1-5 February: FTSE heavyweights front up to third lockdown January 31, 2021 After a turbulent opening to 2021, with new Covid-19 lockdowns around the world, spats over “vaccine nationalism”, and chaos on both Wall Street and Pennsylvania Avenue, a slew of FTSE heavyweights are set to update the market in what will be a crunch week for London’s indices. Despite a strong opening week, the FTSE 100 [...]
FTSE 100 closes at three-week low as ministers mull hotel quarantine for arrivals January 25, 2021 FTSE 100 closes at three-week low as ministers mull hotel quarantine for arrivals
Airline and travel stocks plunge as markets await new border controls January 25, 2021 Share went sliding on Monday for travel and transport companies, as news broke that all UK arrivals could face quarantine
FTSE 100 sinks as Biden rally runs out of steam January 21, 2021 The FTSE 100 slid today as markets around the world stepped back from new highs after a brief rally on Joe Biden’s swearing in as the 46th President of the United States. After a late surge saw it pick up 0.4 per cent yesterday, London’s leading index gained 0.2 per cent this morning to hit [...]
Wall Street hits record heights as Biden presidency lifts stimulus hopes January 20, 2021 Wall Street hit record heights today as Joe Biden’s inauguration as the 46th US President lifted hopes that his $1.9 trillion stimulus plan would help settle a tumultuous global economy. The tech-focused Nasdaq rose as much as 1.6 per cent during trading, before settling 260 points up at market close to a fresh peak. Before [...]
FTSE 100 opens higher as markets await Yellen grilling January 19, 2021 The FTSE 100 slipped back after a strong start this morning as markets await testimony this afternoon from incoming US treasury secretary Janet Yellen. After a quiet day yesterday which saw the index shed 0.2 per cent, London’s leading market rose 0.6 per cent at the opening bell to 6,762 points. But after a couple [...]
FTSE 100 falls as recovery concerns weigh on markets January 18, 2021 The FTSE 100 is fell today as last week’s slide in investor confidence continued. London’s premier index closed 0.2 per cent down to stand at 6,723 points. The FTE 250 of midcaps went the other way, rising 0.1 per cent to 20,646 points. In a sluggish day of trading, markets never really got going, with [...]
FTSE 100 and Wall Street on the rise on Biden stimulus hopes January 14, 2021 The FTSE 100 and Wall Street rose today on the news that President-elect Joe Biden will tonight unveil a fresh trillion stimulus package to boost the US’ flagging economy. Biden is expected to reveal details of the deal, which is expected to top $1.5 trillion, in an television address tonight. London’s premier index rose 0.5 [...]
FTSE 100 and Wall Street flat in subdued day for markets January 13, 2021 The FTSE 100 was flat by the mid afternoon as markets slipped into a lull after a rapid start to the year. After rising 6.4 per cent last week, London’s leading index has faltered this week with two consecutive sessions of losses. By 3pm the bourse was down 0.05 per cent at 6,751 points. The [...]