|Day's Range||7,485.42 - 7,542.87|
|52 Week Range||6,676.60 - 7,599.00|
Technology companies led a slide in U.S. stocks early Thursday as the market pulled back from its latest record highs. Cruise lines, fast-food restaurants and other consumer-focused companies also declined. Phone company stocks notched gains. Investors were poring over a batch of company earnings. Crude oil prices fell.
An escalation of political tensions in Spain, a clutch of disappointing corporate updates and concerns about growth in China prompted investors to yank down European stocks on Thursday.
U.K. stocks lost ground Thursday, with shares of consumer products heavyweight Unilever after its earnings report, while figures on spending by British consumers missed the mark.
Spain's triggering of Article 155 to assume control of Catalonia this weekend has sparked a bit fall in European stocks and Wall Street futures.
Unilever says sales in the quarter were adversely affected by poor weather in Europe and natural disasters in the Americas.
Precisely 30 years ago today, on Oct. 19, 1987, stock markets around the world suffered one of their worst days ever, in what became known as Black Monday. After a long-running rally, the crash began in Asia, picked up steam in London and ultimately ended with the Dow Jones Industrial Average down a whopping 22.6%…
European markets opened under pressure Thursday, as earnings season and political turbulence in the region continue to shake up investor sentiment.
The FTSE 100 rallied slightly during the day on Wednesday, but then pulled back a bit from the 7550 level. I believe that the market continues to consolidate between the 7500-level underneath, and the 7550 level above. Given enough time, the market should continue to go above the 7550 level, and reach towards the 7600 … Continue reading FTSE 100 Index Price Forecast October 19, 2017, Technical Analysis
Stocks dropped around the world with disappointing corporate earnings in Europe and a report that Apple Inc. was dialing back its orders reversing the sentiment that sent benchmark gauges to record highs ...
Reckitt Benckiser slid as City analysts accused the consumer goods company of turning a sales headache into a migraine, as the wider UK stock market fell just short of a fresh record close. A second warning ...
British mid-caps jumped to a record closing level on Wednesday as investors grew more comfortable with the smaller, more domestically-focused stocks, while the FTSE 100 held its ground as third quarter earnings trickled in. The FTSE 250 (.FTMC) was up 0.6 percent on the day, closing at a record 20,263.1 points. Mid-caps have strongly outperformed the bigger index this year, up around 12 percent against the FTSE 100's 6 percent rise.
A continued pullback in the pound helps push U.K. stocks higher Wednesday, as lackluster figures on British wages may help shape the Bank of England’s thinking on an interest-rate hike.
European stocks gain Wednesday, as falls in the euro and the pound helped exporters and offset disappointing financial updates from companies such as Zalando.
At 6:30 AM EST on October 18, the FTSE 100 Index was trading at 7,538.50—a gain of 0.3%. The iShares MSCI United Kingdom (EWU) fell 0.48% on October 17.
The FTSE 100 initially tried to rally during the day on Tuesday, reaching towards the 7550 handle. That’s an area where we had seen resistance in the past couple of days, and that was true again during the Tuesday trading session. There’s also significant support below at the 7500 level, so I believe that it’s … Continue reading FTSE 100 Price Forecast October 18, 2017, Technical Analysis
U.K. stocks end lower on Tuesday after investors receive inflation data that could harden the case for the Bank of England to raise British borrowing costs.
European stocks end a bouncy day in negative territory on Tuesday, as traders digest a mixed bag of earnings reports from the region, with health care stocks and Merlin Entertainments PLC the hardest hit ...
British shares edged lower on Tuesday, with a flurry of trading updates driving sharp swings in individual stocks including tourist attractions operator Merlin Entertainments, which plummeted after disappointing summer sales. The FTSE (.FTSE) ended the day 0.1 percent lower, weighed down by a pullback in mining stocks as metals slipped from three-year peaks hit on Monday. The index was driven higher earlier, when the pound slipped after Bank of England policymakers speaking in parliament were interpreted by the market as broadly dovish and indicating internal debate over a November rate hike.
Pound Moves Lower The focus of the day was the pound as the market looked forward to the CPI inflation data and also the speech from Carney during the London session. The pound had been trading in a choppy manner over the last few days in anticipation of the loads of data that are scheduled … Continue reading Market Snapshot – Pound Has Its Day Out
TOKYO (AP) — Asian shares were mixed on Wednesday, as some indexes got a boost from overnight gains on Wall Street. Japan's benchmark held steady as expectations grew that a likely ruling party win in Sunday's Japanese parliamentary elections will help stability and growth. The Shanghai Composite index advanced as China's ruling communists began a congress that is due to give President Xi Jinping a second, five-year term.
The United Kingdom’s FTSE 100 Index started this week on a mixed note. It started lower on October 17 and traded near the opening prices in the morning.