Previous close | 7,490.27 |
Open | 7,490.27 |
Volume |
Day's range | 7,490.02 - 7,614.89 |
52-week range | 6,707.60 - 8,047.10 |
Avg. volume | 884,373,015 |
Move expected to help reduce waits of up to 15 years to connect solar power installations
The latest investor updates on stocks that are trending on Friday.
The U.S. Senate late Thursday passed legislation lifting the Federal government's $31.4 trillion debt ceiling, a day after the House of Representatives did the same.
European stock markets traded higher Friday after the U.S. debt ceiling bill passed through Congress, while the latest French industrial production data impressed. The U.S. Senate late on Thursday passed legislation that suspended the government's $31.4 trillion debt ceiling for two years, a day after the House of Representatives approved the bill. It now heads to the White House to be signed into law by President Joe Biden, just days before a June 5 deadline for a default which would have had severe economic consequences globally, thus ending a key source of anxiety for financial markets over the past month.
One of Britain’s biggest water companies has paid investors a £112m dividend in what has been branded a “slap in the face” for communities hit by sewage dumping.
ASOS, the British online fashion pioneer valued at more than 7 billion pounds ($8.8 billion) just over two years ago, has been relegated from the FTSE 250 index of mid-sized companies, illustrating the sharp decline in its fortunes. It shares fell 3% to a 12-year low of 333 pence in early deals on Thursday, giving it a market value of about 400 million pounds, following the quarterly reshuffle by FTSE Russell. It will move to the FTSE SmallCap index on June 16.
British Land booted off FTSE 100 while Ocado dodges demotion.
British equities gained in a broader market rally on Thursday with higher metal prices supporting miners, while progress on the bill to lift the U.S. debt ceiling further spurred risk appetite. The internationally-focused FTSE 100 gained 0.6% as the U.S. debt ceiling bill successfully passed through the House of Representatives and was headed for a vote in the Senate. "The fact that it looks like the world can put the U.S. debt ceiling silliness behind is certainly a modest positive," said Steve Sosnick, chief strategist at Interactive Brokers.
European stock markets traded higher Thursday, helped by progress in the U.S. debt ceiling bill as well as signs of life in the Chinese manufacturing sector. This private survey contrasted with the weak official government data released earlier this week, and offered hope of a recovery in this major regional growth engine, which also acts as a major export market for many of Europe’s largest companies.
US stocks fell on Wednesday as the country’s debt ceiling bill was due to face its first test in Congress, and investors adjusted bets on the Federal Reserve again raising interest rates in light of strong labour market data and comments from policymakers. Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite each closed 0.6 per cent lower. The moves came after official data once again highlighted the resilience of the US labour market, with the number of job vacancies unexpectedly rising in April.
Developer hit by higher interest rates and 2022’s mini-budget but online retailer buoyed by stronger sales at M&S
High mortgage rates will tip Britain into recession this year as homeowners coming to the end of fixed rate deals are hit by soaring costs, a leading ratings agency has warned.
Prudential’s finance chief has quit the FTSE 100 insurer following an investigation into his conduct surrounding a “recruitment situation”.
A look at the stocks making headlines on Wednesday.
Authorities looked into possible tax and bribery offences by one of gambling group’s former Turkish subsidiaries
Consultants say blanket portrayals of ‘toxic’ culture at scandal-hit UK business lobby group ‘not accurate’
The latest reshuffle of the premier index will be announced after the close of play this Wednesday.
Prudential’s chief financial officer James Turner has resigned in the wake of an investigation into his conduct “relating to a recent recruitment situation”, the FTSE 100 insurer said on Wednesday. Hong Kong-based Turner, who has held the role for just over a year, will be replaced by Ben Bulmer, chief financial officer of Prudential’s insurance and asset management business, but will remain “available” to the company for four months. Prudential “sets itself high standards and Mr Turner fell short on this occasion”, the company said, without giving details of the recruitment situation.
(Reuters) -European shares hit an over two-month low on Wednesday as weak economic data from China fuelled concerns about a global slowdown and countered optimism from signs of easing inflation in some of the major euro zone economies. The main regional stock markets were set for monthly losses, with London's FTSE 100 and Paris' CAC 40 among the worst hit. China is Germany's main trading partner.
Spending more time together virtually may have had a lasting impact on how we communicate face-to-face and how we connect with people we work with.
The house builder and land development specialist MJ Gleeson comes with a lot of the features that this column looks for when it is researching portfolio picks: an addressable market where there is a long-term need and the company has a strong competitive position; a very strong balance sheet; and a share price chart that goes from the top left to bottom right, which in turn suggests the shares could be cheap.
European stock markets traded sharply lower Wednesday after disappointing Chinese manufacturing data weighed on sentiment, with key regional inflation data also in focus. Data released earlier Wednesday showed that the Chinese manufacturing sector shrank in May, retreating for the second straight month. China’s official manufacturing purchasing managers’ index was 48.8 in May, below the expected 51.4 and the prior month’s reading of 49.2.
The boss of BAE Systems has discussed setting up weapons production inside Ukraine in talks with Volodymyr Zelensky.
A look at the stocks making headlines on Tuesday.
Banks criticised for offering 'meagre' returns on customers' savings despite soaring interest rates.