Jul 19 2024 @ 04:36
London open: US politics, global IT glitch trip up investors Stocks in London were trading lower in early trading as investors digested the latest political headlines out of the US and their potential implications for the stock market. Investors were also tripped up by a cascade of IT glitches involving software made by Microsoft and Crowdstrike that was impacting […]
Jul 18 2024 @ 04:36
London open: Frasers Group paces gains as investors mull jobs data London stocks rose in early trade on Thursday as investors mulled the latest UK jobs data, with Frasers Group pacing the advance after well-received results. At 0840 BST, the FTSE 100 was up 0.9% at 8,262.09. Data released earlier by the Office for National Statistics showed that wages […]
Jul 17 2024 @ 04:47
London open: Stocks nudge lower after inflation data London stocks nudged down in early trade on Wednesday as investors mulled the latest UK inflation figures, with sticky services inflation dampening hopes of a rate cut in August. At 0835 BST, the FTSE 100 was down 0.1% at 8,155.59. Data released earlier by the Office for National […]
Jul 16 2024 @ 04:37
London open: Stocks fall as Burberry, Rio Tinto lead the decline London stocks fell in early trade on Tuesday as investors continued to mull political developments in the US, with Burberry and Rio Tinto on the back foot. At 0915 BST, the FTSE 100 was down 0.4% at 8,154.70. Patrick Munnelly at TickMill Group said: “Asian stocks declined, counterbalancing the gains […]
Jul 15 2024 @ 04:36
London open: Stocks fall after disappointing China data, Burberry profit warning London stocks fell in early trade on Monday following disappointing Chinese GDP figures and a profit warning from Burberry. At 0825 BST, the FTSE 100 was down 0.7% at 8,191.87, with investors also mulling an attempt on US presidential candidate Donald Trump’s life over the […]
Jul 12 2024 @ 04:41
London open: FTSE gains as attention turns to US bank earnings London stocks rose in early trade on Friday as investors turned their attention to the US, where banks are due to kick off the earnings season. At 0825 BST, the FTSE 100 was up 0.5% at 8,266.45. Richard Hunter, head of markets at Interactive Investor, […]
Jul 11 2024 @ 04:37
London open: FTSE nudges up after stronger-than-expected UK GDP London stocks nudged higher in early trade on Thursday following better-than-expected UK GDP data, as investors looked ahead to the latest US inflation reading. At 0850 , the FTSE was up 0.1% at 8,204.48. Figures released earlier by the Office for National Statistics showed that the economy grew […]
Jul 10 2024 @ 04:36
London open: Stocks rise as investors eye Powell, US inflation London stocks rose in early trade on Wednesday as investors turned their attention to Federal Reserve chair Jerome Powell’s second day of testimony to Congress and to this week’s US inflation reading. At 0825 BST, the FTSE 100 was up 0.3% at 8,161.43. Susannah Streeter, […]
Jul 09 2024 @ 04:37
London open: Stocks flat as investors mull retail sales; PageGroup, Indivior warn on profits London stocks were steady in early trade on Tuesday as investors mulled a dip in retail sales and profit warnings from PageGroup and Indivior. At 0820 BST, the FTSE 100 was flat at 8,190.31. Market participants were still digesting comments from Bank of England […]
Jul 08 2024 @ 04:36
London open: Stocks fall as France faces hung parliament London stocks fell in early trade on Monday as investors mulled the prospect of political instability in France after the second round of the election over the weekend resulted in a hung parliament. At 0820 BST, the FTSE 100 was down 0.3% at 8,179.74. Axel Rudolph, […]