UK companies issue lowest number of profit warnings in over two decades July 19, 2021 British listed companies issued the fewest number of profit warnings in over two decades in the second quarter of this year, according to new figures released today. Research by EY shows UK listed businesses issued 32 profit warnings in the second quarter of 2021, the lowest quarterly total the firm has recorded. The low levels [...]
US stocks fall despite upbeat retail sales in June July 16, 2021 An unexpected rebound in retail sales was not enough to prevent falls among US stocks on Friday. The blue-chip S&P 500 dropped 0.22 per cent, while the tech-heavy Nasdaq fell 0.22 per cent. The Dow Jones lost 0.23 per cent during morning trading. The losses came as the US Labour Department released figures showing retail [...]
FTSE pushes higher as City awaits Monday’s reopening July 16, 2021 London’s markets rose this morning as the City geared up for Monday’s loosening of coronavirus restrictions and the unlocking of the rest of the economy. Both the FTSE 100 and mid-cap sibling the FTSE 250 are up 0.4 per cent so far today, pushed higher by a raft of heavyweight stocks. Although energy group DCC [...]
FTSE 100 sees slight fall as energy giants face downturn July 15, 2021 London’s FTSE 100 fell slightly this morning as the energy sector and domestically focused companies both faced losses. The capital’s premier index fell by 0.02 per cent, owing to losses in energy stocks, notably BP and Royal Dutch Shell. Just Eat and JD Sports also saw losses as Covid-19 cases soar across the country. The [...]
Inflation fears drive FTSE downwards at the open July 14, 2021 Higher-than-expected inflation numbers on both sides of the Atlantic saw the FTSE 100 drop sharply at the open this morning. The flagship index was down 0.59 per cent after half an hour of trading. Official figures released this morning revealed UK inflation hit 2.5 per cent in June, with analysts expecting that to increase. US [...]
US stocks jump despite surging inflation July 13, 2021 US stocks jumped on Tuesday morning despite data released today showing inflation in America rose at its fastest pace for 13 years. The blue-chip S&P 500 and the Nasdaq both hit record highs during the morning open, rising 0.12 per cent and 0.44 per cent respectively. Growth stocks helped to lift the indexes as they [...]
Revealed: The most-shorted UK stocks in the current volatile Covid-19 era July 13, 2021 New data from the London Stock Exchange and crunched by ETP provider GraniteShares shows the most-shorted UK stocks include some of the supposed "winners of lockdown": supermarkets and food delivery companies.
US stocks open higher to reverse yesterday’s losses July 9, 2021 US stocks opened up on Friday, helping to pare back sharp losses on Thursday. The blue-chip S&P 500 added 0.84 per cent in morning trading to reach 4,357. The tech-heavy Nasdaq gained 0.67 per cent, while the Dow Jones was up sharply by 1.11 per cent during the open. American benchmarks’ rebound was driven by [...]
FTSE 100 plummets as just two stocks register gains July 8, 2021 London’s FTSE 100 slid in afternoon trading on Thursday, with just two stocks in the entire index notching gains. The capital’s premier index fell sharply this afternoon, down 2.24 per cent, the highest fall for three weeks. The fall was driven by sentiment among investors souring on fears that the current surge in Covid cases [...]
FTSE 100 climbs as surging commodity prices boost industrials July 7, 2021 London’s FTSE 100 climbed this afternoon after a rally in commodity prices boosted industrial stocks. The capital’s premier index gained 0.43 per cent to reach 7,129 in afternoon trading. The rise was driven by surging oil and raw material prices providing a boost for oil majors, miners and steel producers. Oil prices soared to a [...]