|Day's Range||6,968.99 - 7,092.44|
|52 Week Range||6,851.60 - 7,903.50|
British Prime Minister Theresa May is hanging on to her post despite growing backlash to her Brexit plan. Yahoo Finance’s Oscar Williams-Grut has details from London.
Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday.
It’s hard to imagine a more chaotic run-up to Britain’s exit from the European Union. Here’s why investors can’t ignore it.
British Land and Land Securities are U.K. REITs that have been hammered by the political fighting over leaving the European Union. At these price levels, they look like pretty safe ways to collect healthy dividends.
UK shares closed lower on Friday, ending a fragile comeback earlier in the session as banks extended heavy losses and bore the brunt of investor worries about Brexit, while multinational companies fell on the strong pound. The FTSE 100 (.FTSE) ended down 0.3 percent as the pound rose 0.5 percent, recovering from its worst day since 2016 on Thursday after Britain's Brexit minister quit in protest over a draft deal with Brussels on leaving the European Union. It was down 1.3 percent on the week, capping one of the most turbulent weeks in the prolonged Brexit process that has roiled global financial markets.
By Helen Reid and Julien Ponthus LONDON (Reuters) - European shares wobbled and closed just in the red after a choppy session on Friday as traders waited to see if Britain's Prime Minister Theresa May ...
European shares wobbled and closed just in the red after a choppy session on Friday as traders waited to see if Britain's Prime Minister Theresa May would face a no-confidence vote over her draft European Union divorce deal. Italy's budget showdown with the European Commission also did little for risk appetite. French media company Vivendi's quarterly results helped to lift the media sector 0.55 percent.
European markets struggle Friday, finishing in the red and with chunky weekly losses, as concerns about the U.K.’s Brexit deal again hit top banks, and chip makers are dented after Nvidia Corp. warn on weaker sales ahead.
London’s main stock index logs another losing session Friday, driven by banks and drug companies, and continued political turmoil over Brexit plans. .
A late afternoon wave of buying moved U.S. stocks higher Thursday. Even so, the market was on course to finish with a steep weekly loss. Gains in health care and energy companies powered the market higher. It also got a brief boost earlier after President Donald Trump expressed optimism that the U.S. and China will reach a deal to resolve their costly trade dispute. The remarks came as representatives of both countries have resumed talks.
Global stocks mixed amid tech sector demand concerns, U.S.-China trade talk progress, following weaker-than-expected third quarter earnings from Nvidia. Asia stocks book modest gains as dollar softens, but Japan's Nikkei 225 slumps as chip and game stocks slide in the wake of Nvidia's gloomy Q4 outlook. Currency markets continue to gyrate following last night's 1.6% Brexit-triggered plunge in the pound, with Prime Minister Theresa May vowing to see her Brexit deal through Parliament.
FT subscribers can click here to receive Market Forces every day by email. Resignations by ministers and a divided UK cabinet tell us that Theresa May’s Brexit deal is already in trouble. A leadership ...
There was no relief for some of the UK stocks most exposed to the potential economic fallout from a disorderly Brexit, while dollar earners helped the FTSE 100 to a modest rise on Friday. Investors continued ...
European shares recovered on Friday as investors licked their wounds after a tumultuous week and strong results from Vivendi boosted the media sector. The pan-European stocks index was still on course for a weekly loss after two straight weeks of gains, though, as Brexit chaos, Italy's budget showdown with the European Commission, and anxious oil markets sapped risk appetite. The tech market lagged the market with the weakest sectoral performance, up just 0.3 percent, after disappointing results from U.S. chipmaker Nvidia, the latest in a string of negative news for tech components producers.