FTSE closes higher as US stocks pause after busy week for earnings April 30, 2021 The FTSE 100 closed higher today as the economic recovery optimism poised the index for its largest monthly gain since November last year. The blue-chip index rose 0.2 per cent, boosted by positive earnings updates from AstraZeneca and Smurfit Kappa. Meanwhile, the mid-cap FTSE 250 also rose by 0.56 per cent. Both indexes have risen [...]
FTSE 100 leaps as strong earnings drive index higher April 29, 2021 London’s FTSE 100 was boosted by a series of positive earnings this morning as the index shot up by 0.6 per cent. The blue-chips were buoyed by gains in medical products maker Smith & Nephew, who accelerated to the top of the index after revenue growth in the first quarter. The increase was also supported [...]
FTSE 100 rises while US stocks mixed as investors await Fed meeting April 28, 2021 The FTSE 100 closed higher after a busy day of results while US stocks are mixed as investors awaited the outcome of the US Federal Reserve’s policy meeting. London’s blue-chip index closed 0.27 per cent higher boosted by a series of positive earnings updates from WPP and Lloyds. Investors’ focus now turns to the US [...]
FTSE 100 weighed down by Aveva while Wall Street slips ahead of tech earnings April 27, 2021 The FTSE 100 closed in the red this afternoon despite a strong day of results for heavyweights BP and HSBC, while US stocks were muted ahead of bumper tech earnings. London’s blue-chip index closed down 0.26 per cent this afternoon as Aveva slumped nearly five per cent following its CEO’s exit. The drop was limited [...]
FTSE 100 and Wall Street strike an upbeat tone to start the week April 26, 2021 Soaring copper prices and hopes of a summer holiday pushed the FTSE 100 to close higher on Monday while Wall Street rose ahead of a busy week for big tech earnings. London’s blue-chip index came under pressure this morning due to a stronger pound and weaker oil prices. However comments made by Ursula von der [...]
London market recovery continues following grim start to the week April 22, 2021 London’s main market continued to rise on Thursday, after rebounding yesterday following a disastrous Tuesday, in which the market fell two per cent in one day. By mid-afternoon the FTSE 100 was up 0.42 per cent, boosted by mining and industrials stocks, although the gains were capped by a stronger pound. Meanwhile, the mid-cap FTSE [...]
FTSE 100 rallies after yesterday’s heavy fall April 21, 2021 London’s FTSE 100 rebounded today, after a poor performance yesterday that saw London’s main market fall two per cent. The FTSE 100 closed up 0.52 per cent on yesterday’s gloomy session, when tobacco stocks and fears of new variants pummelled the market, ending the day at a two per cent loss. The blue-chip index was [...]
Fears of new variants drives FTSE down two per cent April 20, 2021 London’s main market plunged two per cent today, wiping out last week’s gains amid a bad day for big tobacco. The index joined in a global stock market rout on Tuesday, ending the day at 6,859.87, down 140.21 points. The drop pushed the FTSE 100 back through the symbolic 7,000 point mark it smashed last [...]
FTSE 100 pushes above 7,000 for first time since Covid crash as Wall Street hits new records April 16, 2021 London’s FTSE 100 rose above the 7,000-mark today for the first time since Covid pummelled financial markets last year. Across the Atlantic, Wall Street again hit new record highs on the back of a bumper set of earnigns from America’s banking giants. Speedy vaccine rollouts and government policy support has lifted investor confidence about a [...]
Wall Street opens flat as big banks kick off earnings season April 14, 2021 U.S. stock indexes opened flat today as Goldman Sachs and JPMorgan kicked off the first-quarter corporate earnings season, against the backdrop of a swift vaccine-led global economic recovery The Dow Jones Industrial Average fell 8.32 points, or 0.02 per cent, at the open to 33,668.95. The S&P 500 opened lower by 0.01 points, or -0.00 [...]