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London open London stocks rose in early trade on Thursday following a heavy selloff in the previous session, as bank shares recovered after Credit Suisse took a $54bn loan from the Swiss National Bank. At 0845 GMT, the FTSE 100 was up 0.9% at 7,409.47, having closed down a whopping 3.8% on Wednesday, led by banks. Beleaguered […]

London open: Stocks fall ahead of Spring Budget London stocks fell in early trade on Wednesday as investors eyed Chancellor Jeremy Hunt’s Spring Budget. At 0835 GMT, the FTSE 100 was down 0.3% at 7,617.80. Hunt confirmed ahead of the Budget that energy bills support will be extended for a further three months, meaning the […]

London open: Stocks fall again; UK jobs data in focus London stocks fell again in early trade on Tuesday, having sold off heavily in the previous session amid concerns about the fallout from the collapse of Silicon Valley Bank, as investors mulled the latest UK jobs data. At 0840 GMT, the FTSE 100 was down 0.5% […]

London open: Stocks edge lower; HSBC buys SVB’s UK arm London stocks edged lower in early trade on Monday as investors mulled news that HSBC has bought the UK arm of stricken Silicon Valley Bank for a nominal £1, and looked ahead to this week’s Budget. At 0830 GMT, the FTSE 100 was down 0.4% at 7,716.57. The acquisition […]

London open London stocks slumped in early trade on Friday following heavy losses on Wall Street, as investors mulled better-than-expected UK GDP data and looked ahead to the release of the non-farm payrolls report. At 0820 GMT, the FTSE 100 was down 1.6% at 7,757.56. In the US, the Dow closed 1.7% lower, while the […]

London open London stocks fell in early trade on Thursday amid another deluge of earnings, as investors continued to digest hawkish guidance from US Federal Reserve chair Jerome Powell on rate hikes. At 0830 GMT, the FTSE 100 was down 0.4% at 7,896.55. Victoria Scholar, head of investment at Interactive Investor, said: “European markets have opened […]

London open: Stocks fall on hawkish Powell; Admiral slumps on results London stocks fell in early trade on Wednesday, taking their cue from a downbeat session on Wall Street after a hawkish testimony from Federal Reserve chair Jerome Powell. At 0850 GMT, the FTSE 100 was down 0.2% at 7,901.04, as investors waded through a […]

London open: FTSE steady ahead of Powell testimony London stocks were steady in early trade on Tuesday as investors erred on the side of caution ahead of a testimony by US Federal Reserve chair Jerome Powell. At 0835 GMT, the FTSE 100 was flat at 7,933.95. Susannah Streeter, head of money and markets at Hargreaves Lansdown, […]

London open: Stocks little changed; miners under the cosh London stocks were steady in early trade on Monday, with little in the way of corporate or macro news to provide direction, as investors looked ahead to a speech by US Federal Reserve chair Jerome Powell and the all-important non-farm payrolls this week. At 0825 GMT, […]

London open: FTSE rises after Bostic comments, China data London stocks rose in early trade Friday following solid US and Asian sessions, as comments from a US Federal Reserve official and encouraging Chinese data underpinned the mood. At 0820 GMT, the FTSE 100 was up 0.2% at 7,961.22, with sentiment boosted after Atlanta Federal Reserve […]