^FTSE - FTSE 100
| Previous Close | 7,231.04 |
| Open | 7,231.04 |
| Volume | 0 |
| Day's Range | 7,231.01 - 7,303.04 |
| 52 Week Range | 6,536.50 - 7,793.50 |
| Avg. Volume | 708,125,827 |
Reuters•1 hour agoUK stocks shrug off May's exit, but Brexit risk lurks
The FTSE 100 added 0.7% and the midcap index rose 0.5%, slightly off its opening levels, as traders and investors said the market had already priced in May's move when rumours first started circulating. Housebuilders, considered prone to any hit to the economy from a chaotic "no-deal" departure from the European Union, barely budged after May's speech. Housebuilders, retailers, domestic banks and other Brexit-sensitive stocks fell sharply earlier this week when pressure grew on May and investors grappled with the likelihood of Boris Johnson, who wants a tougher divorce deal, as her successor.
Reuters•3 hours agoEuropean shares recover after Trump signal on trade war
The market appeared unfazed by British Prime Minister Theresa May's resignation as Conservative party leader after failing in a final attempt to win parliamentary support for her divorce deal with the European Union. The pan-European STOXX 600 ended up 0.56% but posted a weekly loss and remained on track for its first monthly decline since a steep sell-off at the end of last year. Trump said late on Thursday that U.S. complaints against Huawei Technologies could be resolved within the broader trade framework, though no high-level bilateral talks have been scheduled yet.
FX Empire•7 hours agoEquities Rebound, Trump Supports Market, Trade Worries Linger As Impact Of Tariffs Spread
Equities rebound on comments from Trump, he says the trade war may end soon but China’s posturing doesn’t support the claim.
- TheStreet.com•8 hours ago
Dow Futures Rally From Tech and Trade Rout; Dollar Eases From 2-Year High
Global stocks steadied overnight, with Wall Street set for a modest opening bell gain, although investors remain nervous over slowing growth and protracted trade tensions. Wall Street futures suggest solid opening bell gains ahead of earnings from Foot Locker and April durable goods orders at 8:30 eastern time.
- Reuters•9 hours ago
GLOBAL MARKETS-Stocks climb on muted trade hopes, sterling yo-yos as PM May quits
World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks while British Prime Minister Theresa May's resignation briefly sent sterling fluctuating wildly. The index gained 0.2% on Friday following the overnight comments from Trump, who said issues with China's Huawei Technologies Co Ltd might be resolved within the framework of a broader trade deal. China mainland blue chips and Hong Kong stocks climbed around 0.3% while Japan's Nikkei fell 0.2%.
- Reuters•12 hours ago
European shares inch higher after Trump signals on trade
European shares recovered some ground on Friday after a bruising session a day earlier, as U.S. President Donald Trump predicted a swift end to the ongoing trade war with China that has dominated trade on financial markets over the past year. The pan-European STOXX 600 was up 0.5% by 0707 GMT but remained on track to post a weekly loss and its first monthly decline since a sell-off at the end of last year that knocked 15% off the index. Addressing the latest flashpoint, Trump said late on Thursday that U.S. complaints against Huawei Technologies could be resolved within the U.S.-China trade deal framework, however no high-level talks between the two countries have been scheduled as yet.
Reuters•yesterdayCocktail of trade worries, poor data, Brexit hit European shares
The pan-European STOXX 600 index closed 1.4% lower, with Germany's traditionally trade-sensitive DAX down 1.8%, while Italian shares slumped more than 2%. As investors worried the U.S.-China trade feud was fast turning into a technology-focused cold war, the latest evidence of its impact on growth came from Germany. A survey on Thursday showed business morale in Germany deteriorated more than expected in May as confidence in the services sector worsened, suggesting Europe's largest economy is losing steam.
- Reuters•yesterday
Turmoil over future of PM May, Brexit bruises British stocks
As the pound fell, the FTSE 250 lost 1.4% to hit its lowest point since March 29, when Britain was originally scheduled to exit the European Union. Dublin's main index, often regarded as a barometer of Brexit jitters, was also down nearly 1.4%. The turmoil was compounded when prominent Brexit supporter and Leader of the House of Commons, Andrea Leadsom, resigned from the government.
FX Empire•yesterdayGlobal Equities Fall, Trade Tensions Mount, China To Rethink Its U.S. Relationship
Global equities fall as trade tensions mount.
- Financial Times•yesterday
Tech cold war clouds the horizon for investors
FT subscribers can click here to receive Market Forces every day by email. Trade-sensitive sectors, or those with complex global supply chains, are feeling the heat as the sun shines brightly in London today.
- Reuters•yesterday
European shares hit by trade worries as pressure grows on UK's May
European shares fell sharply on Thursday, as investors grappled with the latest round of U.S.-China trade friction while British Prime Minister Theresa May faced growing pressure to resign. European auto and mining sector indexes shed 2.80% and 1.04% respectively.
Reuters•2 days agoBrexit worries hit domestic stocks but sterling slide lifts FTSE 100
The main index, whose companies earn more than two-thirds of their profit from abroad, ended 0.1% higher, while the more domestically-focused FTSE 250 slipped 0.7%. A slump in sterling lifted internationally-exposed companies GlaxoSmithKline, Unilever and AstraZeneca, the biggest boosts to the FTSE 100. Stocks most sensitive to the any increased risk of a hard Brexit stumbled after multiple media reported rumours May's ministers could oust her in a row over her latest deal to exit the European Union.
Reuters•2 days agoEuropean stocks edge down on Brexit, trade war fears
(Reuters) - European shares edged lower on Wednesday on unease over developments in the U.S.-China trade war and Britain's uncertain departure from the European Union. The pan-European STOXX 600 index ...
- FX Empire•2 days ago
Trade Driven Gains Fade, Global Markets Mixed, Trade War Escalates
Huawei-driven market gains fade as the U.S./China trade war morphs into an all-out tech war.
- TheStreet.com•2 days ago
Dow Futures Slip, Global Stocks Slide, Amid Report US Targeting More China Firms
Global stocks drift lower as investors fade the impact of eased restrictions on Huawei to focus on slowing economic growth and rising geo-political risks. The New York Times reports the White House is reading to expand the number of Chinese firms on the so-called Entities List, a move that could escalate trade tensions between Washington and Beijing. Wall Street futures suggest a softer open to start to the trading day ahead retail sector earnings from Lowe's Companies and Target.
- Financial Times•2 days ago
Marks and Spencer profits hit by heavy costs of turnround
Marks and Spencer has suffered a heavy blow to profits from the costs of its restructuring programme, just as it hits shareholders with a steeply discounted rights issue to fund half of Ocado’s food retail business. The high-street stalwart took a £439m hit from exceptional costs in the year to March 31, mainly from store closures, more of which are planned this year.
- Reuters•2 days ago
GLOBAL MARKETS-Investors run for safety amid threat of broader U.S.-China spat
LONDON/TOKYO, May 22 (Reuters) - Global stocks were slightly lower on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc in muted trade amid renewed worries over the U.S.-China spat after reports Washington has another Chinese tech firm in its sights. Relief over Washington's temporary relaxation of curbs against China's Huawei Technologies evaporated after reports that the White House is considering further sanctions on Chinese video surveillance firm Hikvision. Fears of another blacklisting reinforced worries that U.S. President Donald Trump is looking beyond sealing a trade deal with China to a potentially bigger battle aimed at curbing Beijing's technology ambitions.
- Investing.com•3 days ago
StockBeat: Engie, EDP Play Catch-Up in Energy's Big Growth Sector
By Geoffrey Smith
Reuters•3 days agoNew Brexit deal, Huawei reprieve boost FTSE 100
The FTSE 100 was up 0.3%, while the FTSE 250 rose 0.5%, with builder Galliford Try leading gains after announcing job cuts. After weeks of waiting for significant updates on Brexit, investors welcomed a "new deal" for Britain's departure from the European Union set out by Prime Minister Theresa May, which offered the prospect of a possible second referendum on the agreement.
- Reuters•3 days ago
European stocks rise, Huawei reprieve boosts tech shares
The Unites States allowed Huawei Technologies to buy U.S.-made goods to maintain existing networks and provide software updates to existing Huawei handsets until Aug. 19 after blocking it from buying U.S. goods last week. London-traded stocks pared gains as the pound firmed on Prime Minister Theresa May's comments about the next Brexit votes.
