|Day's range||7,548.84 - 7,705.20|
|52-week range||6,866.90 - 7,903.50|
The S&P 500 gained six points or 0.25% to 2,769.56 as of 9:41 AM ET (13:41 GMT) while the Dow composite increased 26 points or 0.11% to 24,664.33 and tech heavy NASDAQ Composite rose over 40 points or 0.52% to 7,766.07.
Tobacco stocks rise on ratings callTobacco stocks were rising Wednesday. European stocks on Wednesday bounced off a nearly three-week low, staging a recovery as traders came to terms with the further deterioration in the trade relationship between the U.S. and China that sent equities world-wide tumbling in the prior session. A measure of calm was returning to equity markets, even though the U.S. and China were still locking horns on trade issues.
Ocado, tobacco stocks rise after analyst commentsShares of BP and rival oil producer Royal Dutch Shell were among Wednesday’s winners in U.K. trade. U.K. stocks rose on Tuesday, with tobacco companies among biggest gainers after a positive broker note, helping London’s blue-chip index bounce off a six-week low that it reached as trade tensions between the U.S. and China escalated. The FTSE 100 index (^FTSE) gained 0.3% to close at 7,627.40, partly recovering from a 0.4% loss on Tuesday.
NEW YORK (AP) — U.S. stocks are slightly higher Wednesday as global markets let go of some of their fears about the growing trade dispute between the U.S. and China. Technology companies are making some of the largest gains. Twenty-First Century Fox is jumping after it agreed to a new deal with Disney, which will buy Fox's entertainment businesses for more than $70 billion. Media companies are rallying as investors hope for more deals. Walgreens rose after it was added to the Dow Jones industrial average, where it will replace General Electric next week.
Investing.com – U.S. futures were higher on Wednesday as trade tensions died down.The S&P 500 futures were up 10 points or 0.36% to 2,776.25 as of 6:45 AM ET (10:45 GMT) while Dow futures increased 127 points or 0.51% to 24,842.0. Meanwhile tech heavy Nasdaq 100 futures rose 26 points or 0.36% to 7,278.25.Trade tensions between the U.S. and China still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over trade tariffs.Stocks tumbled on Tuesday after U.S. ...
European stocks finished trading mostly in the black on Wednesday, although elevated fears of a full-blown Sino-U.S. trade war continued to linger.
Holdings are the top faller in the FTSE 100 Index, down 5% after the homebuilder said it expected profit to drop by a third in the year to next April. A.J. Bell says that though Berkeley has a focus on the tough London market, it’s not a great start to the sector’s reporting season. is usually unwise and investors appear to be taking his forecast that profits have peaked at the house builder more seriously today than when he first made it in December,” says Bell’s Russ Mould.
Following a weak performance for four weeks, the United Kingdom’s FTSE 100 Index started this week on a weaker note and declined in the first two trading days of the week. However, the FTSE 100 Index opened higher on June 20 and was trading with strength in the morning session.
Donald Trump visited Capitol Hill in an effort to defuse an immigration controversy on Tuesday, as Senate Republicans rebuked the president by pushing legislation that would prevent his administration ...
Liberum called the news “a small incremental positive for Sirius” because it means the group has secured binding agreements in place for 4.7m tonnes of fertiliser a year, against a target of 6m-7m tonnes to satisfy lenders as part of stage-two project financing. Global same-store sales were up just 1 per cent for the fiscal third quarter due in part to the timing of promotions in the US, said Starbucks, which responded by promising more innovation and slowing its unit growth as well as boosting shareholder returns. Slowing Chinese sales played “only a very small role in the miss (we estimate only circa 10 per cent of profits) but deceleration was a negative surprise, and believing in the long term opportunity in China is important to the long-term thesis,” said Morgan Stanley, which downgraded Starbucks to “equal weight”.
Tit-for-tat tariff threats unsettle marketsAFP/A Chinese worker polishes steel at an offshore oil engineering platform in China’s Shandong province. Investors knocked European stocks to a near three-week low Tuesday, after U.S. President Donald Trump indicated his administration was looking to hit China with further tariffs on $200 billion in imported goods, ramping up trade tensions between the world’s two largest economies.
U.K. stocks finished in the red Tuesday, as trade tensions between the U.S. and China escalated after U.S. President Donald Trump threatened additional tariffs on $200 billion imported Chinese goods. The FTSE 100 index (^FTSE) lost 0.4% to end at 7,603.85, logging a third straight decline. The intensifying U.S.-China trade spat commanded market action on Tuesday, after Trump threatened further tariffs on Chinese goods.
The S&P 500 was down 20 points or 0.75% to 2,753.08 as of 9:38 AM ET (13:38 GMT) while the Dow composite decreased 323 points or 1.29% to 24,664.33 and tech heavy NASDAQ Composite fell over 57 points or 0.74% to 7,689.58.
The pan-European Stoxx 600 ended 0.7 percent down, off session lows. Almost all sectors finished the session in negative territory, with the exception of banks and utilities. Late Monday, Trump said he could add another 10 percent tariff on $200 billion worth of Chinese goods.
Investing.com – U.S. futures slumped on Tuesday as trade war tensions escalated.The S&P 500 futures was down 30 points or 1.10% to 2,749.25 as of 6:45 AM ET (10:45 GMT) while Dow futures decreased 328 points or 1.31% to 24,688.0. Meanwhile tech heavy Nasdaq 100 futures fell 76 points or 1.04% to 7,200.00Trade tensions between China and the U.S. continued, as the two largest economies in the world faced a tit-for-tat over global trade tariffs.In the latest spat, U.S. ...
After declining for four consecutive trading weeks, the United Kingdom’s FTSE 100 Index started this week on a weaker note. Carrying forward the weakness, the FTSE 100 Index opened lower on June 19 and was trading with weakness at five-week low price levels in the morning session.
Wall Street futures have followed Asian and European markets lower as investors continue to bristle at the escalating trade tensions between the US and China. President Donald Trump, late on Monday, threatened ...
Clean-up efforts after hurricanes Harvey, Irma and Maria helped drive up revenue at FTSE 100 group Ashtead Group by 21 per cent last year, the company said on Tuesday, but shares fell after profits missed expectations. Ashtead, which rents out equipment ranging from concrete mixers to sewer cameras and heaters for killing bed bugs, said that rental revenue climbed to £3.4bn in the year to April 30, while profit before tax rose to £927.3m.
Ashtead, which rents out equipment ranging from concrete mixers and diggers to sewer cameras and heaters for killing bed bugs, said rental revenue climbed to £3.4bn in the year to April 30, while profit before tax rose to £927.3m. Hurricane clean-up efforts contributed an estimated $100m in revenue over the year, Ashtead said.
if Beijing does not abandon its intention to retaliate against US duties on imports announced last week. In a statement issued late on Monday, Mr Trump said he had asked US trade officials to identify the further $200bn in goods from China to be subject to a 10 per cent tariff, and that he was prepared to impose tariffs on an additional $200bn beyond that. The US move marked a further escalation in the trade conflict between Beijing and the Trump administration, which have both already imposed tariffs on steel, aluminium and some agricultural goods and each promised further duties on $50bn in trade. China’s commerce ministry claimed the latest threat from Mr Trump was “blackmail” and warned of “strong countermeasures”.
One of the hottest tickets of any sporting summer is a seat at Centre Court during the Wimbledon tennis championships. Next year, it is due to issue its latest batch of debentures for seats at Centre Court.
According to Markit Economics, the UK service PMI rose strongly month-over-month in May, to 54 from 52.8. However, it missed the market estimate of 53.
Had you splashed the cash on Ferguson a year ago -- back when the plumbing and heating specialist was still known as Wolseley -- you’d be toasting a near-20% share price jump up until today, outpacing the 1% rise that the FTSE 100 posted over the same period. After all Ferguson rebranded itself to adopt the moniker of its core US division in anticipation of rampant growth in the years ahead. Signs of these perky prospects have helped to drive the company’s market value to record high after record high over the past 12 months and, with third-quarter financials set to be released momentarily (Tuesday, June 19 to be exact), I reckon another share price spike could be mere hours away.
The S&P 500 was down 20 points or 0.74% to 2,758.94 as of 9:38 AM ET (13:38 GMT) while the Dow composite decreased 235 points or 0.94% to 24,855.30 and tech heavy NASDAQ Composite fell over 61 points or 0.79% to 7,685.17.
European stock markets finished in the red Monday, as Angela Merkel’s tenure as Germany’s chancellor came under threat and the trade conflict between the U.S. and China remained in focus. Germany’s DAX 30 index (^GDAXI) fell 1.4% to end at 12,834.11, while France’s CAC 40 (^FCHI) gave up 0.9% to finish at 5,450.48. Trade tensions remained in the spotlight after China announced plans for retaliatory tariffs on U.S. goods worth $34 billion, including soybeans, whiskey and electric cars.