|Day's range||6,834.92 - 6,984.36|
|52-week range||6,536.50 - 7,903.50|
BEIJING (AP) — Global stocks rose Friday after investors saw signs of possible progress toward a resolution of the U.S.-Chinese tariff war.
Stocks came under modest pressure early Thursday, as earnings misses from Morgan Stanley and CSX weighed, and the Dow Jones industrials faced a key test.
A weak earnings report from Morgan Stanley had US futures down about -0.35% in the early pre-market session. The UK FTSE 100 was the biggest loser in early Thursday trading, down more than -0.80% at midday. In Asia, the Hang Seng led the losses as traders and investors take advantage of the liquidity event.
Asian shares were mostly higher Thursday after strong earnings reports lifted indexes on Wall Street. But a report that the U.S. was investigating China's Huawei for allegedly stealing trade secrets from ...
With so much uncertainty following Tuesday’s vote against a Brexit deal, are right to look past yet another episode in the saga before they can draw a clearer picture.
U.K. Prime Minister Theresa May’s Brexit deal was soundly rejected in Parliament on Tuesday, leaving the country in a state of uncertainty about not only the future of its planned exit from the European Union but possibly also about who will lead the British government. Here’s what could happen following a vote that showed 432 members of Parliament against May’s deal, and 202 in favor, marking a historically poor performance for a sitting government in recent British history. The government now has three days to return to Parliament with an alternative deal.
Britain’s biggest equity-focused exchange-traded fund iShares Core FTSE 100 UCITS ETF saw an outflow of 470,000 pounds ($610,000) on Monday, a day before Parliament was set to reject Theresa May’s Brexit plan. This was the largest one-day redemption since February, according to data compiled by Bloomberg. Investors’ retreat from the equity ETF marks a turnaround in sentiment after the sterling-denominated fund saw steady inflows for most of last year, despite a negative 4 percent return, even during the global market turmoil at the end of 2018.
Today, the British Parliament is set to vote on Theresa May’s Brexit deal. Most economists are forecasting that the majority of MPs will vote against it, which will certainly have a negative impact on the pound. On the other hand, approval for the deal would certainly come as a surprise and most likely support the sterling.
The U.K. education company is analysts’ lowest-rated stock in the FTSE 100 Index, according to data compiled by Bloomberg. Brokerages see no end to Pearson’s struggles with the shift from printed textbooks and course material to digital formats, lower college enrollments in North America and students’ preference to rent textbooks. Pearson has 12 sell recommendations, seven holds and only one buy among analysts tracked by Bloomberg.
LONDON (AP) — Stock markets around the world drifted lower Monday after China reported a slowdown in exports dented the recent upturn in confidence. The British pound was steady ahead of a tumultuous week in British politics with lawmakers expected to vote against Prime Minister Theresa May's Brexit deal.
Glencore fell 1.4 percent and Daimler declined 0.9 percent. The FTSE 100 Index dropped 0.4 percent before the Parliament votes on Theresa May’s Brexit deal tomorrow. Investors are carefully watching global data for signs of a slowdown as a result of trade wars, and are bracing for this week’s start of the full-year corporate reporting, which will show how resilient or not companies have been to the tariff tensions.
U.S. stock indexes nestled a hair lower on Friday after the falling price of oil weighed on energy companies, but the S&P 500 nevertheless closed out its third straight winning week following a brutal stretch in December. "After some of the initial gains we saw earlier in the week I think it's just a rally looking tired," said Willie Delwiche, investment strategist at Baird. The S&P 500 edged down by 0.38 points, or less than 0.1 percent, to 2,596.26.
Insurer and asset manager Legal & General’s stock has been slammed by Brexit, higher rates, and global trade spats. But a 7% dividend yield and good growth prospects make the shares very attractive right now.
U.K. domestic stocks spiked along with the pound shortly before 11 a.m. in London on Friday as the Evening Standard reported that cabinet ministers are expecting Brexit to be delayed. As of 12:19 p.m. in London, the pound was trading 0.5 percent higher versus the dollar. The U.K. large-cap benchmark tends to have a negative correlation with sterling.
US equity futures indicated a broadly higher open in the early Wednesday pre-market session. The move was driven by optimism a trade deal would soon be reached that both China and the US could agree on, and also expectations for the upcoming earnings season. Later in the day, the FOMC minutes will be released.
LONDON (AP) — Share prices around the world surged further Wednesday amid hopes the U.S. and China are on course to resolve their trade dispute following three days of discussions in Beijing.
Last week, the Bank of England appointed two new external members to its Financial Policy Committee. marks another milestone on the road to gender equality in Britain. In short, the patriarchy that has been prevalent in UK boardrooms is gradually opening, but only to include a white matriarchy.
cheered investors on Wednesday as it said it was on track to meet expectations for 2018, despite increasing caution among UK homebuyers as the Brexit deadline looms. The housebuilder reported it had completed 14,947 new homes, including joint ventures — up 3 per cent from the previous year. Its order book value had climbed to £1.78bn at the year end, up from £1.63bn at the end of 2017, it said in a trading statement ahead of its full-year results on February 27.
BANGKOK (AP) — Shares extended gains in Asia on hopes for progress in resolving the tariffs battle between the U.S. and China as talks appeared to have been extended in Beijing.
Asian markets were mixed in Tuesday trading as investors wait on trade-related news. European indices were higher across the board at midday on optimism US/Sino trade talks would produce positive results. US futures were indicated to open higher in early premarket trading.
BANGKOK (AP) — Shares were mixed in Asia on Tuesday as officials kept silent on talks in Beijing aimed at resolving trade tensions with the U.S.
Sales at U.K. brick-and-mortar retail stores fell 1.9 percent in December on a like-for-like basis, according to a report Saturday from business advisers at BDO LLP. “The shopping spree retailers were hoping for in December didn’t happen,” said Sophie Michael, BDO’s national head of retail and wholesale.
After a choppy start to the year, its a big week ahead, with trade talks, the U.S government shut down, Brexit and Central Bank chatter in focus.
NEW YORK (AP) — Global stocks soared Friday and reversed the big losses they suffered just a day earlier. The Dow Jones Industrial Average rallied 746 points in the latest twist in a wild three months for markets.