|Day's Range||7,716.74 - 7,803.45|
|52 Week Range||6,866.90 - 7,903.50|
Investing.com – Wall Street slumped on Thursday after U.S. President Donald Trump called off a planned summit meeting with North Korea.The S&P 500 was down 15 points or 0.57% to 2,717.78 as of 9:49 AM ET (13:49 GMT) while the Dow composite decreased over 108 points or 0.44% to 24,778.03 and tech heavy NASDAQ Composite fell 37 points or 0.50% to 7,388.92.The White House said in a statement that it would be "inappropriate" to have a planned summit at this time. ...
By Helen Reid and Julien Ponthus LONDON (Reuters) - President Donald Trump's decision to cancel a summit with North Korean leader Kim Jong Un weighed on British shares in afternoon trading, while gains ...
European stocks finished lower Thursday after U.S. President Donald Trump pulled out of what would have been a historic meeting with North Korea, citing “open hostility” from the nation’s officials. Deutsche Bank shares slumped after calls for the chairman to resign. The Stoxx Europe 600 index (^STOXX) lost 0.5% to close at 390.54, after logging its worst one-day percentage fall since March 22.
U.K. stocks traded lower on Thursday as the pound rallied on the back of better-than-expected retail sales data that brought a Bank of England interest-rate rise in August back in to play. The benchmark index extended losses in the afternoon after U.S. President Donald Trump called off a meeting with North Korea planned for next month. The FTSE 100 index (^FTSE) was trading 0.7% lower to 7,734.26, adding to a 1.1% loss from Wednesday.
Europe's autos stocks led the losses, down 1.86 percent following an announcement from the U.S. that it plans to investigate whether an "abuse of trade tactics" in cars could harm the world's largest economy. Swiss food company Aryzta slumped to the bottom of the European benchmark amid earnings news. Its shares were more than 26 percent lower.
Investing.com – U.S. futures pointed to a flat opening bell on Thursday as investors looked ahead to economic data and concern over U.S.-China trade talks continued.The S&P 500 futures was down half a point or 0.02% to 2,730.25 as of 6:46 AM ET (10:46 GMT) while Dow futures decreased 18 points or 0.07% to 24,841.0. Meanwhile tech heavy Nasdaq 100 futures rose three and a half points or 0.05% to 6,960.50.A flurry of economic data is expected later in the day, with jobless claims at 8:30 AM ET (12:30 GMT) and existing home sales at 10:00 AM ET (14:00 GMT). ...
Mediclinic (MDCM.L) took a hefty $863 million (646.28 million pounds) writedown on its Swiss business on Thursday, tipping South Africa's biggest private hospital group into an annual loss and sending its shares tumbling. A constituent of London's FTSE 100 index with a secondary listing in Johannesburg (MEIJ.J), Mediclinic has faced stricter regulations in recent years in Switzerland that have hobbled growth. The company said it wrote off 84 million pounds ($113 million) from the value of property and 560 million pounds from the value of intangible assets at Hirslanden, which runs Switzerland's biggest private hospital network.
A bounce across financials and tech stocks helped European stocks nudge higher on Thursday, though carmakers' shares came under pressure after the United States launched a probe into auto imports. The pan-European STOXX 600 (.STOXX) index was up 0.3 percent by 0857 GMT, after falling more than 1 percent from a 3 1/2-month peak in the previous session as worries over spending plans from Italy's new coalition and global trade weighed on risky assets. Concerns over a U.S.-China trade deal continued after U.S. President Donald Trump said that any deal would need "a different structure".
A bounce across miners and oil stocks helped European stocks nudge higher in early trading on Thursday, though carmakers' shares came under pressure after the U.S. launched a probe into auto imports. The pan-European STOXX 600 index was up 0.1 percent by 0719 GMT, after falling more than 1 percent from a 3 1/2-month peak in the previous session as worries over spending plans from Italy's new coalition and global trade weighed on risky assets. Concerns over a U.S.-China trade deal continued after U.S. President Donald Trump said that any deal would need "a different structure".
The company said it is on track to deliver 2018 targets of good organic revenue growth at constant rates, along with moderate margin expansion. Intertek, along with its peers like Switzerland's SGS (SGSN.S) and France's Bureau Veritas (BVI.PA), are benefiting from expanding regulations, notably for food safety and e-commerce, and have recently seen their minerals business recover. The company said its resources-related businesses saw stable trading performance in the period and reported an organic revenue growth of 0.3 percent on robust growth in demand for testing activities in its minerals business.
Asian shares fell on Thursday after the U.S. government launched a national security probe into car imports that could lead to new tariffs, and President Donald Trump's comments suggested setbacks in U.S.-China trade talks. MSCI's broadest index of Asia-Pacific shares outside Japan was about 0.1 percent higher, but Japan's Nikkei stock index fell 1.1 percent as auto shares slumped.
The FTSE 100 has fallen a bit during the session on Wednesday, reaching towards the 1% level. I believe that there is plenty of support underneath though, so I think that the buyers are waiting to pick up value. Ultimately, this is a “by on the dips” market, even though the last 24 hours have been a bit rough.
The S&P 500 was down nine points or 0.35% to 2,714.88 as of 9:44 AM ET (13:44 GMT) while the Dow composite decreased over 74 points or 0.30% to 24,759.55 and tech heavy NASDAQ Composite fell 23 points or 0.32% to 7,354.64.
U.K. stocks fell from an all-time high on Wednesday, as geopolitical risks returned to the fore after U.S. President Donald Trump expressed doubts his high-level meeting with North Korea will happen. The pound slumped to a 2018 low after data showed U.K. inflation unexpectedly fell in April. The pound (GBPUSD) dropped to an intraday low of $1.3305, from $1.3432 late Tuesday in New York, after inflation data missed forecasts.
The UK's top share index was knocked down of its highs on Wednesday and sustained its biggest loss in two months as oil majors and commodity-related stocks fell but well-received results made Marks & Spencer a bright spot. The blue chip FTSE 100 index closed down 1.17 percent at 7,785.08 points. Energy stocks took around 37 points off the index as shares in Royal Dutch Shell fell 3.3 percent and BP declined 1.9 percent.
Today I am looking at three FTSE 100 bargains you should think about buying today. The car insurance market may be becoming more and more competitive, but I believe the immense brand power of Direct Line should be enough to keep profits, and thus dividends, moving skywards. The insurer grew the number of customers for its own-brand policies by 5% during the January-March quarter, and this -- helped by a backdrop of improving premiums across the motor insurance segment -- pushed premiums from its automotive arm 5.9% higher year-on-year.
Investing.com – U.S. futures pointed to a lower opening bell on Wednesday amid fresh trade war concerns.The S&P 500 futures was down 17 points or 0.64% to 2,736.50 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 188 points or 0.76% to 24,657.0. Meanwhile tech heavy Nasdaq 100 futures fell 67 points or 0.98% to 6,841.50.Sentiment on Wall Street was dampened on Tuesday after U.S. President Donald Trump said he was not pleased with how the U.S.-China trade talks were going. He also said there were doubts about whether or not a U.S.-North Korea summit would take place on June ...
US stock-index futures came under pressure on Wednesday, extending selling on European bourses amid a broad shift away from risky assets on the back of troubles in emerging markets and Italian political ...
European stocks moved sharply lower on Wednesday, weighed by the return of geopolitical concerns after the latest comments from U.S. President Donald Trump and a round of disappointing eurozone data. The U.K.’s FTSE 100 index (^FTSE) fell 0.6% to 7,828.37. Stocks in Europe declined as part of a global selloff spurred by worries about Trump’s latest comments on North Korea and the China trade talks.
where it has been a presence for decades has virtually wiped out full-year profits at the UK retailer. The extra costs dragged pre-tax profits down 62 per cent to less than £67m. Before exceptionals, pre-tax profit was £581m, slightly ahead of analysts’ consensus forecasts but behind last year’s £614m.
Industrial stocks—which powered Monday’s rally on news the U.S. would suspend its efforts to apply tariffs to $150 billion in Chinese imports—were among the biggest losers. President Trump said Tuesday he isn’t satisfied with the China trade talks and also separately said his planned June 12 summit in Singapore with Mr. Kim may not happen, adding to the uncertainty in the market. The S&P 500 fell 8.57 points, or 0.3%, to 2724.44, and the Nasdaq Composite dropped 15.58 points, or 0.2%, to 7378.46.
Miners and oil companies led the fallers as the FTSE 100 pulled back from a record high with its biggest daily fall in two months. HSBC said the mooted price would be disappointing and cut Rio off its “buy” list, citing growing geopolitical risks across the sector. sunk following reports that it had failed to retain HSBC’s media buying account, and after Accenture officially moved on to the advertising agencies’ turf by launching a media services division.
The FTSE 100 rallied again during the day on Tuesday, as it continues to find buyers. The market has certainly seen a lot of bullish pressure over the last several days, at this point it looks as if the momentum is most certainly sustainable as it is not ahead of itself.
China said Tuesday it would cut import tariffs for automobiles and some car parts starting on July 1. Tariffs would be lowered to 15% from the current 20% to 25%, while tariffs on auto parts would be cut to 6%.
European stocks edged lower Wednesday morning amid souring market sentiment over ongoing trade talks between the world's two biggest economies.