|Day's range||7,556.20 - 7,689.44|
|52-week range||6,866.90 - 7,903.50|
Investors approach a new trading week focused on whether the surge in share prices for a handful of tech giants continues, while in the UK, there is no shortage of scepticism about the recent bounce in the pound as well as the prospect for stocks. Four of the five members of the group, which includes Facebook, Amazon, Apple, Netflix and Google parent Alphabet, touched fresh highs last week. is up nearly 10 per cent this month compared with the S&P 500’s gain of less than 2 per cent. Without its own tech sector, the S&P 500 would be in the red for the year, according to Dow Jones S&P 500 Indices.
Nearly two-thirds of FTSE 100 companies do not detail their parental leave policies on their external websites, an omission campaigners say makes it “incredibly difficult for people to make informed job choices”. A cross-party group of MPs proposed legislation this month that would require employers with 250 or more staff to publish their parental leave policies, after the introduction last year of rules that required large employers to report the difference between what they pay men and women. UK law allows most working women up to one year of maternity leave with statutory pay.
Oil prices and energy companies rallied Friday after OPEC said it will produce more oil, but not as much as investors feared. While trade tensions remained in the headlines, U.S. stocks finished slightly higher at the end of a bumpy week. U.S. crude futures jumped 4.6 percent after OPEC nations agreed to produce about 1 million additional barrels of oil per day.
The S&P 500 gained 11 points or 0.41% to 2,761.92 as of 9:42 AM ET (13:42 GMT) while the Dow composite increased 144 points or 0.59% to 24,606.55 and tech heavy NASDAQ Composite fell over nine points or 0.13% to 7,703.28.
Stocks across Europe gain ground Friday, as Greece reaches a debt-relief deal with its creditors and as preliminary French and German services activity data come in ahead of expectations.
U.K. stocks finished sharply higher Friday, helped by a rally for the energy sector as oil prices gained, with the advance flipping the FTSE 100 benchmark into the green for the week. The FTSE 100 (^FTSE)jumped 1.7% to close at 7,682.27, after dropping 0.9% Thursday.
European stocks finished Friday on a high note, as investors cheered on news coming out of an OPEC meeting in Austria.
Investing.com – U.S. futures were higher on Friday, as investors put aside their trade war fears.The S&P 500 futures rose 12 points or 0.45% to 2,765.0 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 107 points or 0.44% to 24,579.0. Meanwhile tech heavy Nasdaq 100 futures gained 26 points or 0.37% to 7,264.50.While equities were higher, they were still on track for their worst weekly loss in three months as trade tensions between the U.S. and its allies lingered. ...
The United Kingdom’s FTSE 100 Index lost strength on June 21 and declined to seven-week low price levels. However, the FTSE 100 Index opened higher on Friday and was trading with strength in the early hours.
Economist: ‘The most striking impact of Brexit has been the lower growth momentum’AFP/A man walks past a Brexit poster at last year’s Conservative party annual conference. Remember the market-shaking Brexit vote? As of Saturday, it has been exactly two years since U.K. voters backed leaving the European Union, with 52% supporting an exit and 48% wanting to remain.
Investors pulled a record amount of money from global and emerging-market equity funds in the past week, when rising trade tensions and a strengthening dollar sent a shockwave through east Asian markets. ...
Despite recent momentum, shares in Ashtead are still trading on 14 times forecast earnings, in line with the historic average. Given the potential for further growth in the US (Congressional approval of the Trump initiatives), strong execution of the strategy and improving cash flow, we still think the shares have further to run. As an equipment hire group with a huge operation in North America, Ashtead can be seen as a play on US infrastructure spending and the “builder-in-chief” promises of Donald Trump, the US president.
Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs. KEEPING SCORE: Japan's Nikkei 225 lost 0.9 percent to 22,500.45 while Hong Kong's Hang Seng index edged down 0.2 percent to 29,257.41. Stocks in Taiwan, Singapore and Southeast Asian countries were lower.
The S&P 500 fell two points or 0.09% to 2,764.95 as of 9:40 AM ET (13:40 GMT) while the Dow composite decreased 93 points or 0.38% to 24,564.35 and tech heavy NASDAQ Composite rose over six points or 0.08% to 7,788.04.
Shire wins FDA treatment approvalReutersBank of England Gov. Mark Carney held the U.K.’s benchmark interest rate at 0.5% on Thursday. The U.K.’s blue-chip benchmark slid Thursday, falling as oil shares extended losses, while the pound jumped after one more Bank of England policy maker joined the ranks in voting for an interest-rate increase. The pound (GBPUSD) leapt to $1.3250, regaining the $1.3200 handle after the Bank of England issued its monetary policy decision.
European stocks fell Thursday, suffering their fourth loss in five sessions, with auto shares under pressure and Italian shares flipping down following developments surrounding the country’s coalition ...
Investing.com – U.S. futures were lower on Thursday as global trade tensions kept investors on edge.The S&P 500 futures lost seven points or 0.25% to 2,765.0 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 85 points or 0.34% to 24,585.0. Meanwhile tech heavy Nasdaq 100 futures fell 18 points or 0.25% to 7,294.75.The European Union is expected to impose tariffs on about $3.4 billion of U.S. imports on Friday, including motorcycles, orange juice and cranberry sauce. The expected tariffs have added to tensions as investors fear an outright global trade war between the U.S. ...
The United Kingdom’s FTSE 100 Index closed higher on Wednesday and broke the three-day losing streak. Carrying forward the strength, the FTSE 100 Index opened higher on June 21 and was trading with strength at higher prices in the morning session.
President Donald Trump has reversed course on his controversial policy of separating children from their parents after illegal border crossings, in a dramatic U-turn that followed intense criticism from ...
Asian stock markets mostly rose Thursday as concern fades over the trade tensions between the U.S. and China. Uncertainty remains, but the original tariff threats made earlier in the week were not followed ...
The S&P 500 gained six points or 0.25% to 2,769.56 as of 9:41 AM ET (13:41 GMT) while the Dow composite increased 26 points or 0.11% to 24,664.33 and tech heavy NASDAQ Composite rose over 40 points or 0.52% to 7,766.07.
Tobacco stocks rise on ratings callTobacco stocks were rising Wednesday. European stocks on Wednesday bounced off a nearly three-week low, staging a recovery as traders came to terms with the further deterioration in the trade relationship between the U.S. and China that sent equities world-wide tumbling in the prior session. A measure of calm was returning to equity markets, even though the U.S. and China were still locking horns on trade issues.
Ocado, tobacco stocks rise after analyst commentsShares of BP and rival oil producer Royal Dutch Shell were among Wednesday’s winners in U.K. trade. U.K. stocks rose on Tuesday, with tobacco companies among biggest gainers after a positive broker note, helping London’s blue-chip index bounce off a six-week low that it reached as trade tensions between the U.S. and China escalated. The FTSE 100 index (^FTSE) gained 0.3% to close at 7,627.40, partly recovering from a 0.4% loss on Tuesday.
The Nasdaq led as stocks rebounded briskly at Wednesday's open, after positive currency moves by China's central bank triggered gains across global markets. Winnebago[ticker symb=WGO] and Walgreens Boots[ticker symb=WBA] were early leaders. Netflix[ticker symb=NFLX] and Facebook[ticker symb=FB] took early leads among big tech names. Oracle's[ticker symb=ORCL] stock futures fell hard on earnings news. 21st Century Fox[ticker symb=FOX] and Walt Disney[ticker symb=DIS]...