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Daily Updates Page 1

Bull market concept

US update: Stocks climb, on the verge of tax reform, gold recovery

Stability returned to US stock market on Friday after yesterday’s pull back as investors were encouraged by signs that tax cuts by year end were growing more and not less distinct.

Claire Hunte
Photo of EU flags

PM update: Sterling slumps on trade talks delay, Ryanair shares dive -6%, oil up

It was good news in theory for the pound earlier: Theresa May got the longed-for go-ahead.

Adrian Holliday
photo of Airbus plane

AM update: Airbus bosses go, Asian stocks down, gold and oil up

Asian stocks traded mostly lower on Friday with the Hang Seng dipping almost -1.5%.

Adrian Holliday
Multimedia video wall TV

US update: Stocks tumble, tax reform confidence wavers, net neutrality ruling weighs

US stocks ended Thursday’s session muted as the three major benchmark indexes declined under the weight of a policy decision on internet neutrality rules and rising dissent around the Republican tax reform bill.

Claire Hunte
Photo of Disney logo

No BoE move, Disney snaps up Fox entertainment assets, pound up

The Bank of England warned earlier of more interest rate rises in an effort to cage UK inflation

Adrian Holliday
Photo of Fed Reserve stamp

AM update: Fed signals more rate hikes, dollar down, Sports Direct profits suffer

The US Federal Reserve last night raised interest rates by a quarter of a percentage point

Adrian Holliday
Close up of US bank notes

US update: Stocks mixed, it’s a deal - corporate tax rate set at 21%, Fed hikes rate

The Dow added gains on Wednesday with the focus less on the Federal Reserve's widely anticipated 25 basis point hike to the benchmark interest rate and more on the projected outlook for 2018.

Claire Hunte
Photo of consumers in mall

PM update: US stocks up ahead of Fed decision, Ashtead Group shares down -5%, pound rises

US inflation frustration saw the dollar slip earlier today.

Adrian Holliday
Dixons Carphone retailer photo

AM update: Dixons profits hit, US Fed poised to lift rates, pound lifts

The third US Federal Reserve interest rate rise in 12 months is expected later today.

Adrian Holliday
Wall St sign and US flag

US update: Blue chips boost by banks, Boeing's Canadian order grounded, gold slides

The Dow ended Tuesday's session with a fresh high as telecoms and financials sent the blue-chip index sharply higher while investors shunned tech stocks causing NASDAQ to retreat.

Claire Hunte
Photo of air passengers

PM update: UK inflation nears 6-year high, Facebook promises tax change, pound lower

UK inflation came in at +3.1% at 9.30am, modestly above a 3% consensus estimate.

Adrian Holliday
Photo of Westfield mall in NYC

AM update: Brent crude hits $65, UK CPI tipped to stick to 3%, pound down

Overnight Brent crude soared past $65 a barrel for the first time since 2015.

Adrian Holliday
Road sign Wall Street and Broad St

US update: Dow and S&P 500 make strides, Bitcoin debut hit with a glitch, oil on high

Energy and tech stocks lifted the Dow and S&P 500 to touch new highs on Monday before falling back in afternoon trading.

Claire Hunte
Photo of Disney logo

PM update: Disney up on Fox speculation, pound down, City Brexit jobs loss downgraded

The FTSE 100 got some support today from a weakened sterling today.

Adrian Holliday
Hong Kong street photo

AM update: Asian stocks bounce back, Bitcoin opens on CBOE, Four Seasons worry

Asian stocks were mostly higher overnight, boosted by more US positivity on Friday

Adrian Holliday

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