FTSE 100 tops 7,000 for the first time in over a year after upbeat Chinese data
The FTSE 100 pushed atop 7,000 for the first time in more than a year as heavily weighted mining stocks climbed after Chinese growth data confirmed the global economy is continuing to recover. The FTSE (UK:UKX) was set to finish the week on a strong ...
FTSE 100 tops 7,000 for the first time in over a year after upbeat Chinese data
The FTSE 100 pushed atop 7,000 for the first time in more than a year as heavily weighted mining stocks climbed after Chinese growth data confirmed the global economy is continuing to recover. The FTSE (UK:UKX) was set to finish the week on a strong ...
GLOBAL MARKETS-World stocks set fresh record high on strong China, U.S. data
Global stocks hit a record high on Friday and oil climbed after strong U.S. and Chinese economic data bolstered expectations of a solid global recovery from the coronavirus-induced slump. Government stimulus, a string of strong corporate earnings rele...
UPDATE 1-European stocks notch new highs as Daimler earnings lift carmakers
European stocks hit a record high on Friday after strong U.S. and China data spurred optimism about a speedy global recovery, while strong results from Germany's Daimler boosted carmakers. The pan-European STOXX 600 index rose 0.3%. Global stocks sto...
FTSE 100 inching close to 7,000 as FTSE 250 hits another record high, Sensex opens positive
US stocks rallied to more record highs while Asian markets open mixed but gain later in the day
Investors’ Chronicle: JD Sports, Oxford BioMedica, Tesco
Headline pre-tax profits are expected to reach £475m-£500m this year, as the retailer said partners share its vision of elevation and collaboration, writes Harriet Clarfelt. Among that cohort sits FTSE 100 group JD Sports, whose annual income statemen...
UK stocks climb to highest level since February 2020
The FTSE rose 0.6 per cent to 7,062 points, breaching the 7,000 threshold for the first time since late February last year when the coronavirus swept into Europe, led higher by financials, basic materials and industrial stocks. The move followed stron...
Should investors play the UK reopening trade?
The government’s Office for Budget Responsibility estimates that some £180bn of “forced savings” have been made under lockdown, equivalent to nearly 10 per cent of UK GDP. As the economy opens up, the thought of large chunks being spent is a tantalisi...