Stocks in London ended in the red on Wednesday, despite the FTSE 100 hitting another record high earlier in the day, while Tesla was the star in New York, where wider markets mixed.The FTSE 100 index gave back 4.43 points, 0.1%, at 8,040.38. The blue-chip index traded as high as 8,092.19 earlier Wednesday, its best-ever level. Selling pressure in the afternoon prevented it from achieving another c

London?s FTSE 100 achieved a record close on Monday, as sabre-rattling in the Middle East began to die down, while the pound struggled on renewed hope that the Bank of England is taming UK inflation.Among individual shares, there was some M&A impetus for Tyman and Hipgnosis Songs Fund. A bullish broker note lifted some UK high street and grocer stalwarts, though model train maker Hornby went off t

Stock prices in London opened in the green on Thursday, with some positive corporate updates helping lift the FTSE 100, a far cry from the sell-off New York tech shares suffered overnight.The tech sector comes into focus again, with streaming service Netflix, traditionally one of the FAANG stocks alongside Facebook owner Meta, Amazon, Apple and Alphabet, reporting quarterly earnings later.The FTSE

Stock prices in London closed largely up on Wednesday, as the FTSE 100 shrugged off hotter-than-expected UK inflation data.The FTSE 100 index closed up 27.63 points, 0.4%, at 7,847.99. The FTSE 250 ended down just 4.40 points at 19,340.14, and the AIM All-Share closed up 4.84 points, or 0.7% at 743.12.The Cboe UK 100 ended up 0.6% at 785.06, the Cboe UK 250 closed up 0.1% at 16,784.15, and the Cbo

Equity prices in London found some composure heading into Wednesday afternoon, recovering from an uncertain start following an unnerving UK inflation reading.International Distribution Services jumped, after a billionaire shareholder?s takeover proposal that was rebuffed by the Royal Mail parent.The FTSE 100 index rose 46.18 points, 0.6%, at 7,866.54. The FTSE 250 climbed 107.23 points, 0.6%, at 1

Stock prices in London opened mixed on Wednesday, as UK consumer price inflation ebbed, but not by how much economists were expecting, prompting investors to rethink their Bank of England interest rate expectations.The reading followed numbers showing UK wage growth was loftier than expected in the three months to February. Sterling traded higher early Wednesday.The FTSE 100 index opened just 1.54

Stocks prices in London fell into the red on Friday, as unexpectedly high US jobs growth squashed hopes of interest rate cuts by the Federal Reserve sooner rather than later.The FTSE 100 index closed 64.73 points, 0.8%, at 7,911.16. The FTSE 250 ended down 147.25 points, 0.7%, at 19,725.94, and the AIM All-Share closed down 2.53 points, or 0.3%, at 740.05.The Cboe UK 100 ended down 0.9% at 790.22,

Stocks in London slumped as increased geopolitical tensions and interest rate uncertainty added to investor nerves ahead of the US jobs report.The FTSE 100 index was down 77.03 points, 1.0%, at 7,898.86. The FTSE 250 was down 202.97 points, 1.0%, at 19,670.22, and the AIM All-Share was down 3.61 points, 0.5%, at 738.97.The Cboe UK 100 was down 0.9% at 789.74, the Cboe UK 250 was down 1.0% at 17,12

US stock markets took a turn for the worse after Minneapolis Fed president Neel Kashkari threw a cat among the pigeons by introducing the possibility of zero rate cuts this year.?If we continue to see inflation moving sideways, then that would make me question whether we need to do those rate cuts at all?, Kashkari told journalists. ?There's a lot of momentum in the economy right now.?That was evi

Vodafone chair buys 823,500 sharesZotefoams director buys £21,000 sharesTatton CEO sells £1.1 million sharesJean-Francois van Boxmeer, chair of telecoms giant Vodafone (VOD) has bought 823,500 shares at 69p for a total value of £568,215 on 28 March.This move comes after Vodafone CFO Luka Mucic also bought a substantial number of shares in the telecoms giant.Mucic snapped up 2,460,000 shares at

London?s FTSE 100 opened in the green on Wednesday as UK consumer price inflation came in tamer than expected for January, giving equity market investors something to cheer about after a hotter than forecast US reading on Tuesday.The FTSE 100 index opened 37.64 points higher, 0.5%, at 7,549.92. London?s flagship index is down around 2.3% so far this year, however.The FTSE 250 was up 74.47 points,

Stocks in London fell after the Bank of England left interest rates unchanged but played down hopes of a cut in the near-term.The FTSE 100 index closed down 8.41 points, 0.1%, at 7,622.16. The FTSE 250 ended down 226.79 points, 1.2%, at 19,131.16, and the AIM All-Share closed down 2.05 points, 0.3%, at 752.70.The Cboe UK 100 ended down 0.3% at 761.66, the Cboe UK 250 closed down 1.4% at 16,594.23,

Stocks in London faded into the close losing momentum ahead of the first interest rate decision by the US central bank this year.The FTSE 100 index closed down 35.74 points, 0.5%, at 7,630.57. The FTSE 250 ended up 8.45 points, marginally up, at 19,357.95 and the AIM All-Share closed down 0.14 of a point, marginally lower, at 754.75.The Cboe UK 100 ended down 0.3% at 763.97, the Cboe UK 250 closed

Datadog (DDOG;NASDAQ) $132.98Market cap: $43.7 billionBooming spending on AI (artificial intelligence) and cloud computing infrastructure has ignited a new tech bull market. That?s the claim of several analysts and fund managers and if you?re willing to bet on that narrative, Datadog (DDOG:NASDAQ) is a stock worth backing.While overall IT budgets are expected to be up modestly in 2024, cloud and A

Stock prices in London closed up on Wednesday as private sector expansion proved stronger than expected, and amid a host of strong PMI data from around the world.The FTSE 100 index closed up 41.94 points, 0.6%, at 7,527.67. The FTSE 250 ended up 179.06 points, 0.9%, at 19,171.68 and the AIM All-Share closed up 5.93 points, 0.8%, at 744.85.The Cboe UK 100 ended up 0.5% at 752.68, the Cboe UK 250 cl

Equities in London were on the up heading into Wednesday afternoon, with a better UK economic data and measures out of China lifting the mood.The pound climbed on an improved UK purchasing managers? index reading, while miners cheered a move by China?s central bank which it hopes will spark some life into the Asian economy.Over in Frankfurt, SAP was one of the stories of the day. The software firm

There is no question the dominant theme in stock markets last year was AI (artificial intelligence), in particular generative AI.In an interview with Time magazine last June, Sam Altman ? the former chief executive of OpenAI, whose ChatGPT product has been at the forefront of the AI trend ? said he believes the technology will ?transform the way people work and the way people learn. It?s going to

Equity prices in Europe were on the decline heading into Wednesday afternoon, with the mood in London hurt by a slight uptick in UK inflation, while shares in mining and luxury goods firms were among those hurt by tepid Chinese economic data.The UK data means traders may need to re-think their expectations of a May interest rate cut. In the eurozone, meanwhile, the European Central Bank president

European equities struggled to find their groove on Tuesday, as the FTSE 100 finds gains hard to come by in a tricky January so far, while stocks in New York are set for a tepid return to trading.The FTSE 100 index was down 36.20 points, 0.5%, at 7,558.71. It has fallen over 2% since the start of the year. Heading into Tuesday, it had 10 days of trading in the new year. It rose in just three of th

US retail sales ? did shoppers spend big in December?Bank earnings across the pond off to a shaky startWill China hit its 5% growth target?Bank earnings and the mood of US shoppers will grab the market?s attention this holiday-shortened week. US markets will stay closed today (15 Jan) as Americans celebrate the Martin Luther King holiday. China will also release full year GDP figures on Wednesday