|Day's range||7,557.34 - 7,601.65|
|52-week range||6,866.90 - 7,903.50|
U.S. stocks moved higher in early trading Tuesday as investors welcomed solid results from homebuilders, retailers and other companies. Technology stocks also rose, rebounding from a slide a day earlier. Energy companies were climbing along with the price of U.S. crude oil.
Investing.com – U.S. futures were higher on Tuesday, as hope that the U.S. and China will tone down trade hostilities pushed the S&P and Nasdaq near all-time highs.The S&P 500 futures rose 5 points, or 0.18%, to 2,863.75 as of 6:50 AM ET (10:50 GMT) while Dow futures were up 54 points, or 0.21%, to 25,812.0. Meanwhile tech heavy Nasdaq 100 futures increased 20 points, or 0.28%,to 7,407.75.U.S. and Chinese officials are expected to meet in Washington on Wednesday and Thursday to discuss trade disagreements, shortly before the latest round of trade tariffs go into effect.However, ...
The pan-European Stoxx 600 was up around 0.3 percent during mid-morning deals, with most sectors and major bourses in positive territory. In an interview with Reuters on Monday, the U.S. president accused Beijing of manipulating the yuan in order to try to offset trade tariffs imposed by Washington on some Chinese imports. Trump's comments appeared to dent market sentiment ahead of upcoming trade talks between the world's two largest economies.
TOKYO (AP) — Asian shares were mostly higher Tuesday amid doubts about the prospects for resolving the trade dispute between the U.S. and China.
The S&P 500 rose 5 points, or 0.18%, to 2,855.18 as of 9:43 AM ET (13:43 GMT), while the Dow increased 93 points, or 0.36%, to 25,763.0 and the tech-heavy Nasdaq Composite lost 1 point, or 0.02% ,to 7,814.66.
LONDON (Reuters) - Strong mining stocks helped boost Britain's FTSE 100 on Monday, leaving last week's four-month lows behind as optimism over U.S.-China trade talks and Turkey buoyed markets, while luxury handbag maker Mulberry sank after results.
Female chief executive officers of the biggest London-listed businesses are earning an average of 3 million pounds ($4 million) less than their male counterparts.
Stocks rose late in the day Friday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported that the countries hope to have a resolution by November. The report came a day after China said it will send an envoy to Washington for the first talks between the countries since early June.
Britain's top share index failed to rebound convincingly on Friday at the end of a turbulent week for markets during which an economic crisis in Turkey spread anxiety across global financials and mining stocks. The blue-chip FTSE 100 ended the day flat at 7,558.59 points, near a four-month low, and sealed its worst weekly loss in five months with a 1.4 percent decline. Recent market turmoil over a currency crisis in Turkey and uncertainty over global trade have dented risk appetite and hit stocks in more cyclical sectors.
Investing.com - Stocks started the day lower on Wall Street Friday, as global market selling on a further tumble in the Turkish lira hit the broader market and weakness in semiconductor earnings hit technology shares.
Kazakhstan-focused miner Kaz Minerals slumped to the bottom of the European benchmark on Friday, tumbling more than 13 percent lower after Barclays cut its price target for the firm. Market focus is largely attuned to Turkey's ongoing currency crisis, with a dramatic fall against the dollar earlier this week sparking fears of contagion and a sell-off in emerging markets. European stocks were lower on Friday afternoon, as Turkey's ongoing currency crisis appeared to keep investors wary of taking on riskier assets.
The implications of the deadly collapse of a Genoa motorway bridge spread by the end of this week to Italy’s Benetton business empire, making it a political target after the government threatened to strip the concession from a road operator partly owned by the family group. Edizione, a Benetton family holding company, has a 30.25 per cent stake in Atlantia.
US stocks were modestly lower in the opening minutes of trade on Friday following a strong rebound in the previous trading session. Investors remained cautious amid volatility in Turkish markets, with the lira resuming its slide and further wrangling on trade between the US and China. The S&P 500 was flat at 2,840.60, with an 0.3 per cent gain in energy partially offset by an 0.2 per cent slide in tech stocks.
TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month.
Aug 16 (Reuters) - Britain's FTSE 100 index is seen opening up 20 points at 7,518 on Thursday, according to financial bookmakers. * RANK GROUP: British bingo and casino operator Rank Group's full-year ...
The currency rose slightly against the dollar on Thursday, after rallying Wednesday on the back of financial support from Qatar. Bourses in Europe climbed higher Thursday following news that China accepted an invitation from the United States to talk trade in late August. The positive news out of China pushed basic resources to trade over 1 percent higher.
The US Securities and Exchange Commission has subpoenaed Tesla , according to a person familiar with the matter, as part of an investigation into a tweet by founder Elon Musk over plans to take the electric ...
Investing.com - Wall Street opened lower Wednesday on concerns about retail earnings and global market weakness.
TOKYO (AP) — Asian shares fell Thursday after deepening worries about global economic growth, particularly in China, set off a rout on Wall Street.
John Ridding, chief executive of the Financial Times, is to return a portion of his 2017 pay to the company following staff criticism of a sharp jump in remuneration that took his total package to more than £2.5m. Mr Ridding said in a note to employees that he would return his 2017 pay increase, which was £510,000 before tax. Mr Ridding’s pay in future would be “restructured” with a new scheme that will take into account his remuneration before the 2016 acquisition of the FT by Nikkei, the Japanese publishing group.
The report comes at a time of growing shareholder activism over big pay-outs, with companies including BT, Royal Mail and WPP all being forced to contend with stormy annual investor meetings over recent months. The research, published Wednesday, by the Chartered Institute of Personnel and Development (CIPD) and the High Pay Centre showed a full-time worker on a median salary of £23,474 would need to work 167 years to earn the median annual pay of a FTSE 100 chief executive — up from 153 years in 2016. Women were found to represent just 7 percent of FTSE 100 bosses and accounted for just 3.5 percent of their total pay.
The FTSE 100 group increased pre-tax profits in the six months to June by 9 per cent from a year earlier to £211m, higher than analysts had expected, while turnover rose 14.5 per cent to £1.7bn. The Cardiff-based company, which also runs the comparison site confused.com, said it had seen “continuing elevated levels of inflation in property damage claims costs”, referring to higher costs for car repairs. “The front and back bumpers have sensors and all sorts, which makes some makes and models two or three times more expensive to repair than previous models,” said David Stevens, chief executive.
Can U.K. stocks get any less love on the global stage? Allocation to British equities dropped to a net 28 percent underweight in a Bank of America Merrill Lynch survey of global fund managers released Tuesday, the biggest drop since May 2016. It is no wonder: in dollar terms, the country’s shares have plunged to the lowest versus global equities since the 1970s, according to MSCI indexes.
Mining stocks hit two-year lows as a strong dollar loaded pressure on metals prices, which dragged the FTSE 100 to its lowest close since April. Miners such as BHP Billiton were hit hardest as weak Chinese ...
was ejected from the FTSE 100 index after setbacks to new products and falling prices. A strong set of interim results shows Hikma is a resilient business. Take injectable drugs, which account for four-fifths of profits.