US stocks jump despite surging inflation July 13, 2021 US stocks jumped on Tuesday morning despite data released today showing inflation in America rose at its fastest pace for 13 years. The blue-chip S&P 500 and the Nasdaq both hit record highs during the morning open, rising 0.12 per cent and 0.44 per cent respectively. Growth stocks helped to lift the indexes as they [...]
Revealed: The most-shorted UK stocks in the current volatile Covid-19 era July 13, 2021 New data from the London Stock Exchange and crunched by ETP provider GraniteShares shows the most-shorted UK stocks include some of the supposed "winners of lockdown": supermarkets and food delivery companies.
US stocks open higher to reverse yesterday’s losses July 9, 2021 US stocks opened up on Friday, helping to pare back sharp losses on Thursday. The blue-chip S&P 500 added 0.84 per cent in morning trading to reach 4,357. The tech-heavy Nasdaq gained 0.67 per cent, while the Dow Jones was up sharply by 1.11 per cent during the open. American benchmarks’ rebound was driven by [...]
FTSE 100 plummets as just two stocks register gains July 8, 2021 London’s FTSE 100 slid in afternoon trading on Thursday, with just two stocks in the entire index notching gains. The capital’s premier index fell sharply this afternoon, down 2.24 per cent, the highest fall for three weeks. The fall was driven by sentiment among investors souring on fears that the current surge in Covid cases [...]
FTSE 100 climbs as surging commodity prices boost industrials July 7, 2021 London’s FTSE 100 climbed this afternoon after a rally in commodity prices boosted industrial stocks. The capital’s premier index gained 0.43 per cent to reach 7,129 in afternoon trading. The rise was driven by surging oil and raw material prices providing a boost for oil majors, miners and steel producers. Oil prices soared to a [...]
FTSE 100 slides as miners drive fall July 6, 2021 London’s FTSE 100 slid this afternoon driven by sharp losses among mining stocks. The capital’s premier index dipped 0.94 per cent to 7,097 in the afternoon session. The fall was driven by mining stocks notching losses, triggered by concerns that historic high oil prices may drive up costs, eroding their underlying value. The losses come [...]
FTSE 100 lifts as supermarkets drive rally July 5, 2021 London’s FTSE 100 rose on Monday afternoon, driven by a rally in supermarket shares. The capital’s premier index added 0.56 per cent to reach 7,163 in the afternoon session, paring back this morning’s losses. The gains were partly caused by shares in supermarkets rising in afternoon trading after Apollo Global Management announced it was considering [...]
Forward Partners announces intention to float in London July 5, 2021 Forward Partners, the London-based venture capital firm, announced on Monday morning that it intends to list in London. The firm said it will seek admission of its shares to trade on AIM, the London Stock Exchange’s junior market. The company expects to raise at least £25m from the share sale. The funds raised will be [...]
Covid vaccine producers surge ahead of UK and US equity benchmarks July 5, 2021 Shares in companies producing or working on the production of Covid vaccines surged ahead of the UK and US’s equity benchmarks in the first six months of this year, new figures published today reveal. Analysis by FactSet shows that an equally weighted holding of all 13 vaccine producing companies climbed over 45 per cent during [...]
US stocks reach record high after strong jobs report July 2, 2021 US stocks hit a record high on Friday after the Labour Department posted better than expected jobs figures. The blue chip S&P 500 gained 0.31 per cent, up to 4,333, while the tech-heavy Nasdaq added 0.43 per cent to hit 14,585, both record highs. US businesses embarked on a hiring spree last month as the [...]