^FTSE - FTSE 100
| Previous Close | 7,523.07 |
| Open | 7,523.07 |
| Volume | 0 |
| Day's Range | 7,456.74 - 7,523.79 |
| 52 Week Range | 6,536.50 - 7,903.50 |
| Avg. Volume | 686,865,217 |
- Reuters•8 hours ago
FTSE 100 slumps as oil price boost fades; KCOM jumps on buyout bid
The FTSE 100 index lost 0.7 percent on its worst day in a month, but the midcaps gained 0.4 percent with gold miner Centamin leading gains after a strong quarterly update. The blue chips, which had touched a near seven-month high in the last session, lagged European markets where strong earnings from the likes of SAP and Credit Suisse kept a lid on losses. Bellwethers Shell and BP dropped from multi-month highs as crude prices retreated after having jumped to their 2019 highs this week as the United States pushed to tighten sanctions against Iran.
- FX Empire•11 hours ago
S&P 500 At New All Time High, Global Markets Mixed, Peak Earnings At Hand
U.S. futures indicated a flat open after the market hit an all-time high in the previous session. Peak earnings is at hand.
- MarketWatch•14 hours ago
London markets drop as oil, miners lead declines
London markets sank as oil companies retreated following several strong sessions and the bottom fell out for miners. How did markets perform? The U.K.’s FTSE 100 (UK:UKX) retreated 0.4% to 7,490.2, following Tuesday’s solid gain of nearly 0.
- TheStreet.com•14 hours ago
S&P 500 Extends Record High Ahead of Big Ticket Earnings From Boeing, AT&T, CAT
Global stocks edge higher, following last night's record closes on Wall Street, as investors regroup for another wave of earnings on Wall Street. Global oil prices ease after the IEA says markets have "comfortable" spare capacity to fill any supply gap from Iran sanctions, with Energy Department data on U.S. stockpiles reporting later today. U.S. equity futures suggest modest declines on Wall Street ahead of earnings from Dow components Boeing, AT&T, Caterpillar and Visa, with Microsoft, Facebook and Tesla following after the close of trading later today.
- Reuters•14 hours ago
European shares slip as China worries overshadow robust earnings
The pan-regional STOXX 600 index was down 0.1 percent by 0920 GMT - though the benchmark index has notched gains in the past eight consecutive sessions, and shown a tendency to rebound from a weaker open. "The market is taking some cue from the slowing of stimulus in China," said Stefan Koopman, Market Economist, Eurozone, Rabobank. Business software company SAP soared to an all-time high and boosted the DAX after the company set ambitious new mid-term targets and as activist investor Elliott Management disclosed a 1.2 billion euro (£1.04 billion)stake in the company.
- MarketWatch•15 hours ago
Energy companies lead the retreat for European stocks
European markets gave back much of Tuesday’s gains as strong earnings elsewhere could not offset oil companies’ retreat. How did markets perform? The Stoxx 600 (XX:SXXP) was down 0.1% to 390.9, after rising 0.
- Reuters•16 hours ago
Antofagasta copper output rises as China fears threaten demand
Antofagasta said on Wednesday production in the quarter was bolstered by better quality ore and higher output, mainly at its Centinela mine, and kept its annual output forecast of 750,000-790,000 tonnes unchanged. The FTSE 100 company, majority-owned by Chile's Luksic family, said production in the first quarter of 2019 rose to 188,600 tonnes from 153,800 tonnes a year earlier. Total copper production at Centinela was 68,800 tonnes, 45.5 percent higher than 2018.
- TheStreet.com•17 hours ago
Global Stocks Slip Despite Wall Street Records; European Tech Gains, Autos Drift
Global stocks dip, following last night's record closes on Wall Street, as investors regroup for another wave of earnings on Wall Street. Global oil prices ease after the IEA says markets have "comfortable" spare capacity to fill any supply gap from Iran sanctions, with Energy Department data on U.S. stockpiles reporting later today. U.S. equity futures suggest modest declines on Wall Street ahead of earnings from Dow components Boeing, AT&T, Caterpillar and Visa, with Microsoft, Facebook and Tesla following after the close of trading later today.
- CNBC•18 hours ago
European markets mixed amid corporate earnings; Wirecard shares jump 8%
The pan-European Stoxx 600 was flat during morning trade, with sectors and major bourses pointing in opposite directions. Credit Suisse reported an increase in first-quarter net profit on Wednesday, beating analyst expectations. Germany's Wirecard surged to the top of the European benchmark after Japan's Softbank Group said it would buy a 5.6% stake in the company for around 900 million euros ($1 billion).
Reuters•yesterdayOil heavyweights, exporters guide FTSE 100 close to seven-month high
The FTSE 100, whose components earn a large chunk of their revenue from outside the UK, jumped 0.9 percent, with further support from an upbeat Wall Street. The FTSE 250 added 0.3 percent. Shell rose 2.2 percent to a six-month high and BP gained 2.6 percent as oil prices rose in anticipation of tightened supply after the United States said it would end all Iran sanctions exemptions by May.
Reuters•yesterdayEuropean stocks up for eighth session as oil surge boosts energy stocks
The pan-European STOXX 600 index closed up 0.23 percent, touching August highs and extending gains to an eighth straight session - its longest winning streak since October 2017. Wall Street's rise on upbeat earnings bolstered sentiment, helping them retrace losses. The oil and gas sector hit a six-month high, up 2 percent, with Royal Dutch Shell, British Petroleum and Total, up between 1.8 percent and 2.6 percent.
- FX Empire•yesterday
Earnings Lift U.S. Futures, Trade Tensions Flare Up, Oil Prices Continue To Climb
Earnings, oil, and trade tensions are in focus as peak earnings season gets underway.
- MarketWatch•yesterday
FTSE 100 trades at more than 6-month high as major oil companies rally
U.K. stock indexes head solidly higher Tuesday, in post-Easter action, as investors in the commodity-heavy index get the first chance to react to a surge in crude-oil prices.
- CNBC•2 days ago
Europe markets slightly lower as investors brace for earnings deluge; Thomas Cook up 17%
Looking at individual stocks, Umicore dropped more than 15%. The Belgian materials tech and recycling company downgraded its revenue and earnings forecast for 2020. The French retailer Casino announced Tuesday that it is expanding its partnership with Amazon, allowing it to sell via the e-commerce platform.
- Financial Times•2 days ago
Oil stocks lift FTSE 100 to a six-month high
Oil stocks lifted the FTSE 100 to a six-month high as crude prices moved higher on the US move to end sanction waivers on Iranian exports. BP and Royal Dutch Shell together accounted for about half the ...
- FX Empire•2 days ago
Cautious Market Waits On Earnings, EU Closed For Holiday, Oil Prices Surge 3%
Oil surges after the U.S. tighten sanctions on Iranian oil. The indices moved lower in response but traders are more focused on this week’s round of earnings.
- Financial Times•3 days ago
UK companies cut money set aside for legal claims
Britain’s biggest companies are reducing the amount of money they set aside for legal claims and regulatory fines, as some of the post-crisis wave of scandals and related litigation recedes. This drove up the amount FTSE 100 companies set aside against potential legal costs to £34bn in 2016. The following year, however, that had dropped to £24.8bn — a fall of 27 per cent — according to Thomson Reuters Practical Law, which compiled the data from company reports.
- FX Empire•5 days ago
Weekly Wrap – Risk Appetite Failed to Support the AUD, the EUR, or the Kiwi…
The Greenback found support in a week where the Aussie and Kiwi Dollar hit red and economic data out of the Eurozone and China diverged.
- Financial Times•6 days ago
Schroders investors advised to reject Leonie Schroder’s board appointment
Shareholders in Schroders have been urged to block the reappointment of Michael Dobson as chairman of the FTSE 100 listed fund manager, as well as the election to the board of the latest member of the controlling Schroder family, by an influential proxy adviser. Glass Lewis has recommended votes against Mr Dobson and Leonie Schroder at the group’s annual general meeting on May 2 due to her inexperience. ISS and Glass Lewis are the two biggest proxy advisers and typically hold sway with up to 25 per cent of a company’s shareholders.
- Reuters•6 days ago
European shares rise as short covering, earnings help temper tepid PMIs
The pan-European STOXX 600 index rose for a seventh straight session, its best winning streak since early February with Germany's DAX closing at six-month highs, while London's FTSE 100 fell, dragged by healthcare stocks. The data came on the heels of the German government lowering its forecast for 2019 economic growth on Wednesday, which was overshadowed by better-than-expected economic data out of China. "There is so much pessimism around Europe that the negative PMI data failed to find fresh sellers, triggering short-covering," said Giuseppe Sersale, fund manager at Anthilia Capital in Milan.
Reuters•6 days agoFTSE 100 dips on sluggish euro zone PMI, Unilever sparkles
The FTSE 100 was down 0.2 percent and the FTSE 250 dropped 0.1 percent. "What's clear from today's PMI numbers is that there are as yet no green shoots of spring for the euro zone," Markets.com analyst Neil Wilson said. Euro zone business activity barely grew in April as demand was sluggish even though prices rose modestly, surveys showed.
- MarketWatch•6 days ago
Why Credit Suisse says tech stocks are actually defensive (hint: it’s the cash)
While many eyes will turn to the Pinterest and Zoom initial public offerings, part of a strong run of tech IPOs recently, most of the attention will fall on the Justice Department’s release of the redacted Mueller report into U.S. President Donald Trump and Russia. The debate over whether tech stocks will fall when the economic cycle turns to contraction, and businesses and consumers pull back on spending, has heated up in recent years.
- FX Empire•6 days ago
Futures Rise On Data, Global Equities Mixed, Trade Deal Draws Near
Mixed data weighs on markets while earnings are in focus.
- TheStreet.com•6 days ago
Stocks Lower as North Korea Tests, Mueller Report Release, Cast Cautious Shadow
Global stocks drift lower as investors adopt a cautious stance ahead of the Easter holiday break and prep for the redacted release of the Mueller Report into Russian election meddling later in the session. North Korea's renewal of weapons testing unnerves markets in Asia, while growth and trade concerns keep European stocks in the red amid lighter-than-usual trading volumes. Attorney General William Barr will hold a press conference on the Mueller findings at 9:30 am, with a redacted version of the 400-page report expected to be delivered to lawmakers on Capitol Hill at 11:00 am Eastern time.
