News Archive
London close: FTSE 100 sinks to four-week low as risk-off trade takes hold
16th Apr 2024 15:57
(Sharecast News) - London's top-tier stock market closed at its lowest levels in four weeks on Tuesday as risk-off trading took over in light of escalating tensions in the Middle East and concerns that monetary loosening in the UK and US may not happen as quickly as hoped.
Read moreUS open: Stocks mixed as Treasury yields rise
16th Apr 2024 15:56
(Sharecast News) - Wall Street stocks were mixed early on Tuesday after the benchmark 10-year Treasury note hit a fresh high.
Read moreMorgan Stanley shares rise as Q1 profits top forecasts
16th Apr 2024 15:26
(Sharecast News) - Shares in American banking giant Morgan Stanley rose strongly on Tuesday after the company beat forecasts with a 13% increase in first-quarter profits.
Read moreEasyjet suspends flights to Israel until October
16th Apr 2024 15:20
(Sharecast News) - Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night.
Read moreFTSE 250 movers: Investors put the boot into Dr Martens
16th Apr 2024 13:42
(Sharecast News) - FTSE 250 (MCX) 19,461.17 -1.21%
Read moreUS housing starts fall by more than expected in March
16th Apr 2024 13:32
(Sharecast News) - Builders broke ground on fewer new homes last month than anticipated.
Read moreWednesday preview: UK CPI, BoE's Bailey in focus
16th Apr 2024 13:31
(Sharecast News) - Investors' focus in the middle of the week will be on consumer price data due out on either side of the Channel.
Read moreBerenberg stays at 'buy' on Yellow Cake on tight supplies and supply risk
16th Apr 2024 13:13
(Sharecast News) - Analysts at Berenberg stood by their 'buy' recommendation for shares of Yellow Cake, the uranium oxide concentrate holding company, following a fireside chat with its boss, Andre Liebenberg.
Read moreBank of America upbeat despite profits slide
16th Apr 2024 12:43
(Sharecast News) - Bank of America said it had seen a "strong" first quarter on Tuesday, despite posting a sharp fall in profits.
Read moreFTSE 100 movers: Utilities in favour; Miners lose their shine
16th Apr 2024 12:43
(Sharecast News) - FTSE 100 (UKX) 7,842.30 -1.55%
Read moreIncoming MPC member says rate cuts are "the direction of travel"
16th Apr 2024 12:28
(Sharecast News) - Interest rate cuts by central banks across Europe is "the direction of travel", according to the incoming deputy governor of monetary policy at the Bank of England, though the timing for monetary easing is still uncertain.
Read moreLondon midday: Risk appetite hammered by mixed data, Middle East fears
16th Apr 2024 11:42
(Sharecast News) - UK equities were a sea of red on Tuesday with just six stocks on the FTSE 100 in positive territory, as a barrage of mixed economic data and rising concerns about conflict in the Middle East hammering market sentiment.
Read moreUS pre-open: Futures mixed as 10-year Treasury note reaches fresh high
16th Apr 2024 11:31
(Sharecast News) - Wall Street futures were mixed ahead of the bell on Tuesday as the 10-year Treasury note hit a fresh high.
Read moreEurope midday: Shares stay in the red; Dr Martens stumbles
16th Apr 2024 11:15
(Sharecast News) - European shares were sharply lower on Tuesday after hefty losses on Wall Street as investors waited for Israel's response to a missile attack by Iran on Saturday.
Read moreBerenberg lowers target price on Kainos
16th Apr 2024 11:10
(Sharecast News) - Analysts at Berenberg lowered their target price on software company Kainos from 1,315.0p to 1,260.0p on Tuesday following the group's full-year trading update on 15 April.
Read more