Daily market update

Markets zigzag as Trump returns, Lloyds jumps on hopes the Treasury will intervene on motor finance scandal, Marston’s hit by weather, Shoe Zone trips up and Premier Foods lifts guidance

“Donald Trump is the master of unpredictability. Just as markets think they’ve sussed his next move, he either does something different or nothing at all,”...

Tue, 21/01/2025 - 11:30

Markets await Trump’s return to the White House, bitcoin hits new record high, Reach upgrades guidance and Pod Point cash drains away

“Markets are beating to the drum of Donald Trump on the day of his return to the White House,” says Russ Mould, Investment Director at...

Mon, 20/01/2025 - 10:53

FTSE 100 hits new record high, retail sales plunge, reports of merger talks between Rio Tinto and Glencore, DFS warns of weak demand and upgrades at William Hill owner

“The FTSE 100 has hit a new record high despite all the doom and gloom around Budget-related cost pressures on businesses and a sell-off in...

Fri, 17/01/2025 - 10:40

Richemont update triggers luxury goods rally, Renault motors ahead, Whitbread and Dunelm disappoint, Taylor Wimpey sees cost pressures, AI drives record quarter for TSMC, Trustpilot shines and Pearson delivers mixed update

“Investors were in a risk-on mood after a ceasefire deal between Israel and Hamas and a positive response to corporate results in the European retail,...

Thu, 16/01/2025 - 11:05

Inflation data boosts housebuilders and banks, Currys brings back dividends, new twist for Loungers’ bid, strong Christmas for pubs and Royal Mail’s owner and Frontier Developments rebounds

“A surprise pullback in the rate of inflation has given joy to investors,” says Russ Mould, Investment Director at AJ Bell.

“It strengthens the argument...

Wed, 15/01/2025 - 10:25

Warnings from BP and JD Sports, gilt yields and the pound steady, Ocado food venture with Marks & Spencer showing progress, activist circles YouGov and festive joy for Card Factory

“The FTSE 100 held firm despite headwinds from BP warning of lower production and weak refining markets and Reinet Investments selling an approximate 2%...

Tue, 14/01/2025 - 10:02

Gilt yields rise again, Entain avoids same losing streak as Flutter, Serco CEO leaves after just two years, PageGroup trims guidance, Oxford Nanopore sticks to goals and Sosandar’s festive joy

“Gilt yields continued to creep higher as the market fretted about Rachel Reeves’ spending plans and borrowing requirements,” says Russ Mould, Investment Director at AJ...

Mon, 13/01/2025 - 11:12

FTSE 100 steady ahead of US jobs data, Sainsbury’s success story remains blighted by Argos woes, TSMC reports better than expected quarterly revenue, Prada in hunt for Versace and Alliance Pharma set to succumb to takeover

“After a see-saw start, the FTSE 100 was broadly unchanged in early trading with UK stocks treading water ahead of US jobs figures later on,”...

Fri, 10/01/2025 - 10:23

UK government bond and pound sell-off continues, shocking day for retailers as Tesco, Marks & Spencer and B&M shares hit by gloomy UK backdrop and Greggs disappoints with festive update

“Turmoil in the markets implies a massive loss of confidence in the UK government. The 30-year gilt yield briefly hit 5.445%, surpassing the Liz Truss...

Thu, 09/01/2025 - 10:17

FTSE stands tall despite Shell disappointment, Flutter warning pulls down Entain, Johnson Matthey steps up fight against activist, Hornby gives Mike Ashley some festive joy and Samsung misses expectations

“The FTSE 100 held firm despite headwinds from Shell’s disappointing update and a sell-off in the utilities sector. Financials came to the rescue, with...

Wed, 08/01/2025 - 10:39

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