News Archive
US pre-open: Powell's Jackson Hole speech continues to lift stocks
26th Aug 2024 12:13
(Sharecast News) - Wall Street futures were slightly higher ahead of the bell on Monday as market participants cheered news that the Federal Reserve appeared to be on the cusp of making interest rate cuts.
Read moreSunday newspaper round-up: Hezbollah, Economic pain, Wealth tax
25th Aug 2024 21:27
(Sharecast News) - Approximately 100 Israeli fighter jets launched strikes on around 270 targets located in over 40 southern Lebanese towns and villages. The set of strikes was one of the biggest between the two sides since fighting resumed in October. The bulk of the strikes were against short-range rocket launchers that could be used to hit northern Israel. In response, terrorist group Hezbollah fired over 320 Katyusha rockets at 11 military targets inside Israel. Most projectiles were stopped or hit open areas. - The Sunday Times
Read moreUS close: Stocks surge as Powell signals impending rate cut
23rd Aug 2024 22:53
(Sharecast News) - Wall Street's three equity benchmarks surged well over 1% each on Friday after the head of the Federal Reserve cemented expectations for an interest-rate cut next month, saying "the time has come for policy to adjust".
Read moreEurope close: Stocks extend gains as Fed chief signals rate cuts lie ahead
23rd Aug 2024 17:11
(Sharecast News) - European stocks pushed higher still at the end of the week after the head of America's central bank clearly signalled that a first interest rate cut in the current cycle was coming in September.
Read moreUS new home sales jump in July
23rd Aug 2024 15:40
(Sharecast News) - Sales of newly-built homes jumped during the previous month.
Read moreDirector dealings: Bluejay Mining non executive director ups stake
23rd Aug 2024 15:33
(Sharecast News) - Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 7.5m ordinary shares in the AIM-listed exploration and development company.
Read moreLondon close: Stocks higher as investors digest Powell speech
23rd Aug 2024 14:33
(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.
Read moreUS open: Stocks higher following Powell's Jackson Hole speech
23rd Aug 2024 14:26
(Sharecast News) - Wall Street stocks were firmly in the green early on Friday as market participants turned their attention to Federal Reserve chairman Jerome Powell's remarks at the central bank's Wyoming economic symposium.
Read moreSector movers: Cyclicals to the fore as Fed chief adopts forceful tone
23rd Aug 2024 14:18
(Sharecast News) - Cyclicals paced gains at the end of the week after Federal Reserve chief, Jerome Powell, confirmed that investors could expect a first interest rate cut for this cycle when rate-setters in the US next met.
Read moreFTSE 100 movers: JD Sports rallies again; Melrose hit by downgrade
23rd Aug 2024 13:00
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,315.10 in afternoon trade on Friday.
Read more'The time has come', Fed's Powell says
23rd Aug 2024 12:31
(Sharecast News) - "The time has come for policy to adjust" the head of America's central bank said, an unmistakable signal that interest rates were set to start being reduced.
Read moreWeek ahead: US PCE inflation data, German IFO index in focus
23rd Aug 2024 12:29
(Sharecast News) - The outlook for inflation in the US would continue to be in focus during the last week of August.
Read moreFTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
23rd Aug 2024 12:13
(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
Read moreThor posts strong first half, lowers full-year production guidance
23rd Aug 2024 12:08
(Sharecast News) - Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.
Read moreThor posts strong first half, lowers full-year production guidance
23rd Aug 2024 12:08
(Sharecast News) - Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.
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