|Day's Range||7,314.23 - 7,412.21|
|52 Week Range||6,875.40 - 7,599.00|
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith to discuss wage growth, which fell short of Wall Street expectations in the latest BLS Employment Situation report.
Marc Ostwald, strategist at ADM Investor Services, says the pound has gotten a boost as British PM Theresa May headed to Brussels for crucial Brexit talks.
The FTSE 100 has been volatile during the week, initially dropping but has found enough buying opportunities and pressure to rally and form a nice-looking hammer. The hammer sits just below the 7400 level.
A stronger-than-expected pickup in U.S. hiring helped lift two major indexes to weekly gains, capping a choppy streak for the stock market.
The U.K. and the European Union reached an agreement Friday on Brexit divorce terms after six months of tense talks, opening the way for negotiations to advance on a trade deal.
NEW YORK (AP) — Stocks rose Friday following a better-than-expected U.S. jobs report, and the strong finish pushed the Standard & Poor's 500 index to its third straight weekly gain despite some weakness earlier in the week.
On November 30–December 7, 2017, the S&P Mid-Cap 400 Index (IVOO) had the highest correlation of 43.8% with US crude oil January 2018 futures.
U.K. stocks went from being Europe’s underperformer to the region’s outperformer on Friday, after the pound slumped in afternoon trade as the initial euphoria over a Brexit breakthrough faded.
European stocks scored their highest close in a month Friday, with bank stocks in rally mode after European Union leaders said they’re set to move ahead with the next phase of Brexit talks with U.K. officials....
A breakthrough in Brexit talks helped British shares surge ahead of European peers on Friday as sterling fell back, dented by investors banking their gains in the currency which has swung violently as negotiations unfolded. The blue chip FTSE 100 index closed up 1.2 percent, delivering its strongest week in two months, while euro zone stocks ended the day 0.7 percent higher with all sectors trading in positive territory. Britain and the European Union struck a divorce deal paving the way for talks on future trade ties, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit.
The NFP came in stronger than expected and helped to add strength to the dollar which seems set to continue its strength through till the end of the month
World stocks rose as a breakthrough in Brexit negotiations added momentum to an upswing underpinned by strong economic news from China and Japan. Britain and the European Union struck a deal on Friday to move on to talk about trade and a transition period after they agreed the outline of their divorce deal. Shares across the continent surged on the news, and even Britain's FTSE 100 Index, which tends to move inversely with sterling, was higher through the day despite an early rally for the British currency.
At 5:40 AM EST on December 8, the FTSE 100 Index was trading at 7,347.25—a gain of 0.36%. The iShares MSCI United Kingdom (EWU) rose 0.26% on December 7.
Wall Street is looking at another bullish session Friday as the U.S. added 228,000 jobs to payrolls in November, higher than expected.
The Brexit breakthrough is cause for optimism on sterling and Gilts, and shows the hard Brexiteers can be kept in check by anxiety over a general election.
A breakthrough in Brexit negotiations pushed sterling to a six-month high against the euro on Friday and added momentum to an upswing in world stocks underpinned by strong economic news from China and Japan. Britain and the European Union struck a deal on Friday to move on to talk about trade and a transition period after they agreed the outline of their divorce. Sterling was up nearly half a percent against the euro to hit a six-month high and stock indices across the continent opened sharply up on the news.
Wall Street futures suggest another bullish session as the dollar continues to firm ahead of Friday's November jobs reports.
The FTSE 100 has been slightly negative during the trading session on Thursday, reaching down towards the 7300 level. There continues to be volatility, but we are essentially consolidating.
The dollar’s solid week continued on Friday, with the greenback gaining as the U.S. government averted a shutdown and tax reform negotiations made progress before what’s expected to be a healthy jobs report. ...
U.K. stocks end lower Thursday, with pressure on miners after a warning that Chinese banks may not have enough capital to weather potential losses. Investors, meanwhile, watched for any news about Brexit ...
By Georgina Prodhan and Helen Reid LONDON (Reuters) - UK stocks fell to a 10-week low on Thursday, weighed down by energy stocks and consumer staples as sterling edged higher on a glimmer of hope in Brexit ...
Stocks across Europe wobbled into the close on Thursday, settling slightly higher as traders digested M&A news and economic growth data.
According to IHS Markit, the UK manufacturing PMI (purchasing managers’ index) stood at 58.2 in November 2017, the highest level seen in 51 months. The index stood at 56.6 in…