Daily market update

Ocado reportedly under pressure to switch to US listing, counteroffer for Hipgnosis, US bid for Tyman, and Mobico results finally see light

“The FTSE 100 bounced back strongly on Monday amid relief that tensions in the Middle East seem to have been contained for now,” says AJ Bell...

Mon, 22/04/2024 - 10:50

Oil eases after initial surge, Netflix shares fall on subscriber guidance, big losses in Japan and 888 revenue ahead of forecasts

“The FTSE 100 opened lower amid fluctuating tensions in the Middle East as markets tried to gauge the likelihood of further escalation,” says AJ Bell investment...

Fri, 19/04/2024 - 10:11

Investors prepare for Netflix update, UK airlines fly high and Rentokil's US operations fall short of expectations

“While Netflix may not be a member of the feted Magnificent Seven group of US tech giants, a positive update when it reports later...

Thu, 18/04/2024 - 20:32

FTSE 100 makes gains, Hipgnosis accepts bid, EasyJet narrows losses, Deliveroo on track and Dunelm flags difficult market conditions

“The FTSE 100 extended yesterday’s positive momentum with a further 0.5% gain to 7,890 in early trading, powered by pharma, banking and consumer goods stocks,”...

Thu, 18/04/2024 - 10:18

UK stocks fight back, Royal Mail bid approach, Tesla returns to $56 billion pay deal for Elon Musk days after big workforce cull and travel sector flies on United Airlines’ results

“After a slow start, the UK stock market eventually burst into life and the FTSE 100 headed back on the right path towards the all-important...

Wed, 17/04/2024 - 17:56

Markets calm after yesterday’s washout, ASML disappoints, ASOS stuck in the discount habit, Just Eat Takeaway serves up a mixed dish and Entain hit by regulatory pressures

“There was no rebound of any substance in European markets after yesterday’s washout session,” says Russ Mould, Investment Director at AJ Bell.

“The main indices...

Wed, 17/04/2024 - 09:49

FTSE 100 slumps ahead of inflation data, Morgan Stanley sees profit boost and Bank of America shares slip back

“It’s been a torrid day for London markets with the FTSE 100 slumping by almost 2% just days after flirting with record highs,” says Dan...

Tue, 16/04/2024 - 17:42

Markets lower on wage growth shock, Superdry to delist, DS Smith to be 2024’s first FTSE 100 takeover, B&M disappoints, Hostmore feasts on TGI Friday’s, Dr Martens CEO steps down and Moneysupermarket posts mixed results

“The FTSE 100 slumped amid concerns about escalation in the Middle East and higher than expected wage growth,” says AJ Bell Head of Financial Analysis...

Tue, 16/04/2024 - 10:31

Profits jump at Goldman Sachs, oil price cools for now and Tesla lays off workers

“After Friday’s Wall Street sell-off markets have regained some optimism despite escalating tensions in the Middle East,” says Danni Hewson, Head of Financial Analysis at...

Mon, 15/04/2024 - 17:31

FTSE 100 dips but market retains calm amid rising geopolitical tensions, Inchcape sells UK car retail operation, Horizonte facing exit from UK market and PageGroup slammed by headwinds in jobs market

“The markets started the week with relative calm after news of Iranian strikes on Israel over the weekend,” says AJ Bell Investment Director Russ Mould....

Mon, 15/04/2024 - 09:51

Pages