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FTSE 100 rallies into afternoon session as futures point to solid Wall Street opening

The FTSE 100 built on morning gains early in the afternoon session on Wednesday thanks to the promise of a firm start to US trade in New York. The UK’s benchmark index had put on nearly 0.9% by 1pm to trade at 7,182.81, with mid-caps also putting on gains, the FTSE 250 up 0.7% at 24,285.61. US stocks are expected to push higher on Wednesday ahead of manufacturing data, buoyed by hopes that ...

FTSE 100 thrives as bank dividend restrictions scrapped; US markets closed at new record highs

UK banks gave leading stocks a push higher in early trade on Tuesday afternoon the Bank of England lifted dividend restrictions on the sector’s heavyweights but worries over rising coronavirus infections kept gains in check. At 9am, the benchmark FTSE 100 was around 0.3% at 7,174.34, with NatWest (NATW) topping the leaderboard with gains just shy of 2% to 210.4p. HSBC (HSBA), Lloyds ...
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