Daily Market News: S&P 500 positive year-to-date after Amazon posts best day since 2018 LeapRate

July 21, 2020 BY Valentina Kirilova

Daily Market News: S&P 500 positive year-to-date after Amazon posts best day since 2018

FTSE 100 falters despite vaccine news, BofE top economist says recovery has been V-shaped Despite the promising results from the University of Oxford vaccine trial, the FTSE 100 still sank on Monday, closing the day 0.5% lower. Stock wise, a mixture of names dragged the FTSE 100 lower. International Consolidated Airlines Group, British American Tobacco…

July 16, 2020 BY Valentina Kirilova

Daily Market News: Twitter share price takes a hit on security concerns

Burberry cutting 500 jobs London-listed shares soared yesterday, with the FTSE 100 closing the day 1.8% up. Similar to the US, it was vaccine optimism driving prices higher, along with a surprise 0.6% June inflation figure, above estimates for the month but still well below the 2% targeted by the Bank of England. International Consolidated…

July 14, 2020 BY Valentina Kirilova

Daily Market News: Volatile session sees Tesla jump 14% then sink to a loss

London-listed stocks close higher before US selloff The FTSE 100 and FTSE 250 closed the day on a high, closing before the winds shifted in the US later on Monday, with both finishing more than 1% up. A variety of sectors helped the FTSE 100 higher, with brokerage Hargreaves Lansdown, pest control business Rentokil and…

July 10, 2020 BY Valentina Kirilova

Daily Market News: Dow Jones back below 26,000 after jobless claims data

What to watch Producer price index: PPI data for June will be released on Friday in the US by the Bureau of Labor Statistics. The data measures the average change over time in the prices received by US producers for the products and services they provide. Month-over-month and year-over-year data will be released, with economists…

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 01, 2020 BY Valentina Kirilova

Crypto markets between a rock and a hard place

A number of ideas have been offered for the way these two markets have moved in lockstep. Some analysts have borrowed the explanation given for gold’s route that occurred at roughly the same time. The idea was that equity traders chose to take profits in these other assets that performed well into 2020 in order…

July 01, 2020 BY Valentina Kirilova

Daily Market News: Stocks close record quarter, S&P 500 up 20%

What to watch General Mills: General Mills is the firm behind brands including Cheerios, Haagen-Dazs and Betty Crocker. The company’s share price is up 15.1% year-to-date, thanks to expectations of elevated demand for household staples driven by the pandemic. The $37bn market cap firm reports its latest set of quarterly earnings today. On the company’s…

June 18, 2020 BY Valentina Kirilova

Daily Market News: Fed chairman Powell warns stimulus withdrawal could jeopardise economic gains

UK inflation sinks to four-year low London markets closed before the American Covid-19 case news drove US-listed shares into the red; the FTSE 100 gained 0.2% on Wednesday, with the FTSE 250 up 0.7%. In economic news, the UK inflation rate slowed to 0.5% in May, its lowest level since mid 2016. One major drag…

May 14, 2020 BY Valentina Kirilova

Daily market commentary: The US Dollar Index continues to rise

EUROPEAN SHARES European shares drifted lower on Thursday alongside Asian equities and US Futures on the S&P 500 as market sentiment slowly fades. Investors, who were already sceptical about further gains on stocks, have seen their risk appetite slashed by yesterday’s comments from Jerome Powell. The Fed chairman added to the current uncertainty by warning…

May 12, 2020 BY Valentina Kirilova

Daily Market News: New Wuhan cases prompt fears of second wave

UK stocks flat after lockdown guideline confusion Both large cap and mid cap London-listed stocks posted a near flat day on Monday, after a confusing day in which the Prime Minister was forced to put out a substantial clarification about the advice he provided on the lifting of lockdown measures over the weekend. His statement…

Tag: S&P 500

Daily Market News: S&P 500 positive year-to-date after Amazon posts best day since 2018

Daily Market News: Twitter share price takes a hit on security concerns

Daily Market News: Volatile session sees Tesla jump 14% then sink to a loss

Daily Market News: Dow Jones back below 26,000 after jobless claims data

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

Crypto markets between a rock and a hard place

Daily Market News: Stocks close record quarter, S&P 500 up 20%

Daily Market News: Fed chairman Powell warns stimulus withdrawal could jeopardise economic gains

Daily market commentary: The US Dollar Index continues to rise

Daily Market News: New Wuhan cases prompt fears of second wave

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