Daily Market News: US stocks close short week on a high after jobs report beats expectations LeapRate

July 03, 2020 BY Valentina Kirilova

Daily Market News: US stocks close short week on a high after jobs report beats expectations

Banking stocks help FTSE 100 higher London-listed shares were buoyed by positive employment figures in the US, as the UK’s biggest companies make a substantial portion of their revenues from the US. The FTSE 100 jumped 1.3%, although it is still down 17.3% year-to-date, lagging far behind the major US indices. Banking, travel and retail…

July 02, 2020 BY Valentina Kirilova

Daily Market News: Markets rise on vaccine hopes, US jobs figures revised up

UK house prices fall for first time since 2012 London-listed shares had a mixed Wednesday, with the FTSE 100 marginally down, and the FTSE 250 up 0.4%. Data from Nationwide showed that UK house prices fell for the first time since 2012 in June, losing 0.1% versus the same month last year, after climbing 1.8%…

June 30, 2020 BY Valentina Kirilova

Daily Market News: Goldman and JPMorgan keep dividends while Wells Fargo cuts

Homebuilders at the back of the FTSE 100 after record low mortgage approvals In the UK yesterday, the FTSE 100 posted a 1.1% gain, led by International Consolidated Airlines Group, Standard Chartered, and Kingfisher, which all finished close to 4% up. Home builders and property investment companies were close to the bottom of the pack,…

June 26, 2020 BY Valentina Kirilova

Daily Market News: Markets edge up as Fed relaxes banking restrictions

UK rallies as financials come to the rescue UK markets turned positive late yesterday to finish on a high, with financial stocks coming to the fore amid changes to the US regulatory landscape. Asset managers Schroders and Standard Life Aberdeen both closed up over 3%, while investment platforms were also in the ascendency, as investors…

June 25, 2020 BY Valentina Kirilova

Daily Market News: Markets retreat as second wave fears abound

What to watch Nike: Attracting a lot of attention ahead of its Q4 results today is Nike as analysts flock to offer upbeat assessments of the share price. While the company’s stock tumbled with many others during the initial coronavirus outbreak, it has largely recovered all its losses in the subsequent rally and now hovers…

June 24, 2020 BY Valentina Kirilova

Daily Market News: Gold surges to multi-year high as stocks head back to peaks

What to watch Winnebago Industries: One of the more intriguing companies reporting earnings this week is Winnebago, which will issue its latest quarterly results on Wednesday. The company’s stock, having initially taken a huge hit in the broader market sell-off due to production line shutdowns, is up 33.8% year-to-date, after a huge 194% rally over…

June 22, 2020 BY Valentina Kirilova

Daily Market News: Global markets dip as US registers 30,000 new coronavirus cases in a day

What to watch US home sales: On Monday, existing home sale data for May will be released in the US, with a figure of 4.2 million anticipated, versus 4.3 million in April - a figure that was 18% lower than March’s number. New home sales data will then follow on Tuesday, with the pair of…

June 16, 2020 BY Valentina Kirilova

Daily Market News: Stocks stage comeback after Fed extends bond buying

What to watch Oracle: Software firm Oracle provides database and cloud services to businesses, and has been shifting its business towards a subscription model for years. Its share price is flat year-to-date, following a 24.7% rally over the past three months. The firm notched a significant recent win in April, when it won a cloud…

June 15, 2020 BY Valentina Kirilova

Daily Market News: Stock markets slide as infection rates in China and US spike

Bank governor says central bank ‘ready to take action’ after GDP contraction Over the weekend, following a week in which the FTSE 100 fell by just shy of 6% and it was revealed that the UK economy shrank by 20.4% in April, Bank of England governor Andrew Bailey said that the central bank is “ready…

June 12, 2020 BY Valentina Kirilova

Daily Market News: Stock markets give up weeks of gains in major sell-off

What to watch June consumer sentiment: On Friday, the Michigan Consumer Sentiment Survey will be released in the US, with economists anticipating that the index will tick up to 75 for the month, from 72.5 in May. Remember, the figure being reported does not include the impact of yesterday’s market selloff, when fears of a…

Tag: FTSE 100

Daily Market News: US stocks close short week on a high after jobs report beats expectations

Daily Market News: Markets rise on vaccine hopes, US jobs figures revised up

Daily Market News: Goldman and JPMorgan keep dividends while Wells Fargo cuts

Daily Market News: Markets edge up as Fed relaxes banking restrictions

Daily Market News: Markets retreat as second wave fears abound

Daily Market News: Gold surges to multi-year high as stocks head back to peaks

Daily Market News: Global markets dip as US registers 30,000 new coronavirus cases in a day

Daily Market News: Stocks stage comeback after Fed extends bond buying

Daily Market News: Stock markets slide as infection rates in China and US spike

Daily Market News: Stock markets give up weeks of gains in major sell-off

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