|Day's Range||7,506.31 - 7,550.44|
|52 Week Range||6,676.60 - 7,599.00|
Gains by health care companies led U.S. stock indexes mostly higher Tuesday, pushing the market further into record territory.
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
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.
European stock markets moved sideways on Tuesday. The DAX and FTSE 100 are posting slight gains, while IBEX and MIB are underperforming, as Spain’s Catalonia problem escalates with arrests among leading independence proponents and Madrid reportedly preparing to take over direct control if a second deadline on Thursday is not met. Slightly weaker than expected … Continue reading Softer than Anticipated German Zew Weighs on European Shares
Worries about Brexit talks between London and Brussels add to the case for dialing back exposure to U.K. stocks, but the biggest reason to underweight them could be the market’s makeup.
European markets opened slightly higher on Tuesday morning, as investors monitored the latest political developments coming out of the euro zone.
The FTSE 100 gapped higher at the open on Monday, but then rolled over to fall towards the 7520 level. I think that the market has plenty of support just below, especially near the 7500 level, but where we are right now has been supportive as well. Because of this, I’m looking for some type … Continue reading FTSE 100 Index Price Forecast October 17, 2017, Technical Analysis
BEIJING (AP) — Asian stocks were little-changed Tuesday after Wall Street's major indexes rose to new highs as China prepared to open a key political meeting.
The FTSE's blue-chip miners narrowly failed to keep London stocks in positive territory as robust Chinese import and producer price data sent bullish signals. UBS reiterated on Monday that speculative ...
U.K. stocks swung between small gains and losses on Monday, but ended slightly lower with medical firm ConvaTec leading decliners after wiping out a quarter of its market value.
By Helen Reid and Kit Rees LONDON (Reuters) - Medical device firm ConvaTec was bruised after a profit warning on Monday, but mining companies stemmed broader losses on the FTSE share index. Britain's FTSE ...
European stock markets are mostly slightly higher. The DAX is leading the way and is once again trying to clear the 13000 mark amid a weaker EUR and rising commodity prices. The FTSE 100 is still managing a small gain, but the Spanish IBEX is underperforming as the conflict between Catalonia and the central government … Continue reading Catalonia Will Not Back Down which is Weighing on Spanish Stocks
The FTSE 100 initially fell during the week, but then turned around to rally significantly. The 7500 level should now offer support as it was resistance in the past, but I do recognize we could get a bit of volatility as we are a bit overextended currently. I think that eventually we should reach above … Continue reading FTSE 100 Index Price forecast for the week of October 16, 2017, Technical Analysis
Dow Jones Global Indexes | Global Stock Markets The United Kingdom has endured more turbulence this month, with Prime Minister Theresa May looking in danger of losing her job and Brexit talks reaching a stalemate. Such political problems add to the case for dialing back on broad bets on British stocks. Central banks worldwide have been signaling an end to the era of ultra-easy money.
NEW YORK (AP) — U.S. stocks finished mostly higher Friday to wrap up a subdued week, and technology companies did most of the heavy lifting. Investors were also pleased to see that shoppers spent more money in September.