This took the loss in the year so far to 11%. Apple is no longer the world’s most valuable company, with Microsoft (MSFT) now having a market capitalisation of over $3tn, while Apple has slipped under that figure to around $2.65tn. Part of the reason for the recent fall is that nervousness has set in…
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Ocado leads way after 52% sales jump London-listed stocks made gains yesterday, with the FTSE 100 closing 1.3% higher, despite official data showing that UK jobs were lost at the highest rate since 2009 in the three months to July. Over the three months, 156,000 people were made redundant in the UK, an increase of…
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FTSE 100 continues heading sideways The FTSE 100 and FTSE 250 once again struggled to find any momentum last week, sinking 1.5% and 0.9% respectively, as both indices continued to track sideways. UK economic data last week showed some improvement in a variety of areas, with positive retail sales growth, plus a marginal gain in…
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