ADVFN Daily News

London open: London open: Stocks slump as inflation hits fresh 40-year high London stocks slumped in early trade on Wednesday after data showed that UK inflation hit a fresh 40-year high in May as energy and food prices continued to surge. At 0835 BST, the FTSE 100 was 1.5% lower at 7,046.14, while sterling was […]

London open: Stocks rise but Ocado slumps after share placing London stocks rose in early trade on Tuesday, taking their cue from a mostly positive session in Asia. At 0840 BST, the FTSE 100 was up 0.3% at 7,145.39. Richard Hunter, head of markets at Interactive Investor, said: “Left to their own devices following a public […]

London open: Stocks gain; Euromoney surges on takeover talks London stocks rose in early trade on Monday, but sentiment remained fragile amid ongoing concerns about a global recession. At 0930 BST, the FTSE 100 was up 0.5% at 7,049.36. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said: “With the realisation the comfort blanket […]

London open: Stocks flat after Thursday’s selloff London stocks were flat in early trade on Friday following huge losses in the previous session. At 0855 BST, the FTSE 100 was steady at 7,047.16, having closed down 3.1% on Thursday amid a global selloff. Sentiment took a hit after the US Federal Reserve lifted interest rates […]

London open: Stocks fall ahead of BoE rate announcement London stocks fell in early trade on Thursday ahead of the latest policy announcement from the Bank of England, and after the US Federal Reserve lifted interest rates by 75 basis points – its biggest hike since 1994. At 0845 BST, the FTSE 100 was down […]

London open: Stocks rise ahead of Fed announcement London stocks rose in early trade on Wednesday despite concerns about inflation, helped along by some encouraging data out of China, amid expectations the US Federal Reserve will announce its biggest rate hike since 1994. At 0835 BST, the FTSE 100 was up 0.6% at 7,233.19. Susannah […]

London open: Stocks gain as banks rally; jobs data in focus London stocks rose in early trade on Tuesday following days of losses, but gains were unspectacular amid worries about more aggressive tightening by the US Federal Reserve. At 0930 BST, the FTSE 100 was up 0.3% at 7,226.80. Sophie Lund-Yates, lead equity analyst at Hargreaves […]

London open: Stocks slump as UK GDP contracts London stocks slumped in early trade on Monday as hotter-than-expected US inflation data fuelled expectations the Federal Reserve will hikes rates more aggressively, and as investors digested an unexpected contraction in UK GDP. At 0835 BST, the FTSE 100 was down 1% at 7,246.74. Richard Hunter, head […]

New York accepted the law that was issued for the suspension of bitcoin’s proof of work mining procedure. The law is on its way to the office of the Governor; where it will be signed. However, if the law gets signed New York will become the number state to attack Bitcoin; using the law as […]

London open: Stocks fall as investors eye US inflation reading London stocks fell in early trade on Friday following heavy losses on Wall Street, as investors eyed the latest US inflation data. At 0845 BST, the FTSE 100 was down 0.9% at 7,407.94. Richard Hunter, head of markets at Interactive Investor, said: “There is little respite […]