FTSE 100 stutters after touching 6,900 but Wall Street pushes on January 7, 2021 The FTSE 100 stuttered today after touching 6,900 points this morning in yet another fast open to trading, but US markets traded higher again. London’s premier index rose 0.8 per cent at the open to stand at 6,903 points, its highest level since before the pandemic. However, traders soon slammed on the breaks, with the [...]
FTSE 100 roars to highest closing level since early March January 6, 2021 The FTSE 100 charged higher today as the blue-chip bourse closed at its highest levels since before the Covid-19 pandemic beared down on the UK in early March.
FTSE 100 inches back into the green on new lockdown business support January 5, 2021 The FTSE 100 inched back into the green this afternoon despite news of a third lockdown as the Treasury unveiled a new business support package. London’s blue-chip index slipped 0.1 per cent at lunchtime but picked back up as US markets opened to stand 0.3 per cent higher at 6,589 points. Investors’ optimism came as [...]
FTSE 100 off to strong start to 2021 but Wall Street slips from record highs January 4, 2021 The FTSE 100 got the year off to a strong start today, bursting through the 6,600 point mark this morning, before closing the day up 1.8 per cent. However, Wall Street slipped back from record highs as the world’s markets got 2021 off to a fast start. In the first session of the new year [...]
Global markets slump amid fears of mutant virus and UK border chaos December 21, 2020 The FTSE 100 and US and European stocks tumbled on Monday while the pound slumped after countries banned travel from the UK over fears of a new coronavirus strain. Adding to the gloom on markets was the impasse in post-Brexit trade talks between the UK and the EU. Rising coronavirus cases in Britain, on the [...]
Are investors adjusting to the new normal? December 18, 2020 | City Talk Potential for recovery following Covid-19 and trends which have accelerated as a result of it give many reasons for optimism heading into 2021 The list of reasons for investor uncertainty heading into 2021 remains long. A global pandemic. Lockdowns. Volatile markets. Political turbulence. Uncertainty over jobs and the economy. Record levels of government borrowing – [...]
FTSE 100 slips but global markets hit fresh highs on vaccines and stimulus December 17, 2020 The FTSE 100 slipped, weighed down by a rising pound, as global markets hit a new all-time high amid optimism about vaccines and fiscal and monetary stimulus. Despite the rise in global stocks, the FTSE 100 lagged behind as the pound rose 0.8 per cent to $1.360, a 32-month high. A higher pound weighs on [...]
FTSE off to fast start as global markets rise on vaccine rollout December 16, 2020 The FTSE 100 surged upwards this morning as markets round the world hailed the rollout of coronavirus vaccines. The blue-chip index was up one per cent an hour after markets opened, with energy and housebuilder stocks leading the charge. Investors were also buoyed by hopes that the UK could still sign a free trade deal [...]
Trading platforms flying high on back of pandemic December 16, 2020 Trading platforms have reported record profits as more people stuck at home during lockdowns took a gamble on the stock markets.
FTSE 100 slips ahead of London lockdown as job losses mount December 15, 2020 The FTSE 100 slipped into the red as London prepared itself for a new lockdown and job losses climbed, with the index bucking the trend of European and US markets which rose amid positivity about coronavirus vaccines. London’s biggest index was down 0.5 per cent in afternoon trading to 6,501 points. The FTSE 250 was [...]