London stocks were still in the red by midday on Thursday as concerns about the new Omicron Covid variant and potential rate hikes weighed on investors’ minds. The FTSE 100 was down 0.7% at 7,119.72, having taken its opening cue from Wall Street, where stocks tumbled after the first US …
Read More »London open: Stocks edge up ahead of non-farm payrolls
London stocks rose in early trade on Friday after the US Senate approved a deal to raise the debt ceiling, but gains were unspectacular as investors eyed the release of the latest US non-farm payrolls report. At 0825 BST, the FTSE 100 was up 0.3% at 7,097.63. Richard Hunter, head …
Read More »Europe close: Stocks stage modest bounce ahead of quarter’s close
European shares put in a modest bounce on Wednesday, with both stocks and bonds finding a bid following the steep losses seen in the previous session. “Stocks are in rebound mode today after Tuesday’s drop, as some of the stagflation concerns ease and bargain hunters pile in,” said IG chief …
Read More »Tech rebound lifts European stocks, chipmakers jump
(Reuters) -European stocks rose on Wednesday after one of the worst market routs this year, with investors picking up beaten-down shares of technology sector, while chip equipment maker ASML gained on upbeat earnings forecast. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, …
Read More »Britain’s Reopening Is a Boon for Outperforming Small-Cap Funds
Pedestrians and shoppers walk along Regent Street in London, on April 12. Photographer: Jason Alden/Bloomberg Photographer: Jason Alden/Bloomberg As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic …
Read More »FTSE latest: UK stocks hit record high as economic optimism sweeps markets
E conomic optimism swept London’s FTSE 250 index to a record high today as traders placed their bets on a faster-than-expected recovery for pandemic-hit stocks. The domestic-focused FTSE 250 — home to companies including Royal Mail, easyJet and ITV — surged as high as 22,177.49 as the benchmark exceeded the …
Read More »Banks, miners boost UK stocks as recovery optimism back in focus
(Reuters) -British shares rose on Tuesday, boosted by gains in banks and miners on investor optimism over a vaccine-led economic recovery, while Royal Mail climbed after announcing a one-off dividend payment. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. …
Read More »5 Top Stock Gainers for Friday: Etsy, Airbnb, DraftKings
Stocks finished mixed Friday. The Dow dropped and tech stocks rebounded following a sharp selloff on Thursday. Here are some of the top gainers Friday: 1. Etsy | Percentage Increase 11% Etsy (ETSY) – Get Report rose as analysts offered glowing commentary on the online artisanal-goods seller’s stronger-than-expected earnings. Revenue more …
Read More »Workhorse Slammed After Missing Out on Postal Truck Contract
Shares of Workhorse Group (WKHS) – Get Report fell sharply Tuesday after the postal service awarded a potentially huge contract to build new delivery trucks to rival Oshkosh (OSK) – Get Report. Workhorse shares fell $14.88, or 47%, to $16.47 in the regular session. It continued to fall in after-hours …
Read More »Walmart Misses Q4 Profit Forecast, Tops $150 Billion Sales
Walmart Inc. (WMT) – Get Report posted weaker-than-expected fourth-quarter earnings Thursday, thanks in part to a charge linked to taxes in the United Kingdom, but still managed record sales of more than $150 billion as U.S. shoppers continued to favor big-box retailers over smaller rivals. A planned surge in investment costs, …
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