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Discover Latest #FTSE 100 News, Articles and Videos with Contenting
FTSE 100 The FTSE 100, also known as the Financial Times Stock Exchange 100 Index, is a stock index of the 100 most highly capitalized companies listed on the London Stock Exchange. It is seen as a gauge of prosperity for businesses regulated by UK company law and is the most widely used stock market index in the United Kingdom. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group.
U.S. Stocks Close Little Changed Following Lackluster Session - ForexTV
Stocks displayed indecision throughout Friday's trading session, as initial upward momentum could not be maintained. The major indices fluctuated around the baseline, ultimately ending with slight deviations.The Dow Jones Industrial Average fell by 86.06 points, or 0.2%, to close at 43,828.06, marking its seventh consecutive day in decline. Similarly, the S&P 500 marginally decreased by 0.16 points, less than a tenth of a percent, to 6,051.09. The Nasdaq Composite, known for its tech focus, edged higher by 23.88 points, or 0.1%, concluding at 19,926.72.For the week, the indices also showed a mixed picture: the Nasdaq advanced by 0.3%, contrasted by the S&P 500's 0.6% decline and the Dow's sharper 1.8% drop.The early market optimism was partially driven by Broadcom’s (AVGO) strong earnings report, which resulted in a 24.4% surge in the company's shares. Broadcom's fiscal fourth-quarter performance exceeded expectations, and the company projected robust demand for its custom AI chips to continue.However, enthusiasm was tempered as investors anticipated the upcoming Federal Reserve's meeting. It is broadly expected that the Fed will reduce interest rates by another 25 basis points. Traders will focus keenly on the accompanying commentary for future rate cut signals.Persistently high inflation figures have stirred concerns that the Fed might adopt a slower pace in reducing rates next year than previously forecasted. According to CME Group’s FedWatch Tool, there is a 97.1% probability of a quarter-point rate cut next week, yet an 81.0% likelihood that rates will remain unchanged in late January.In terms of inflation, the Labor Department indicated an unexpected rise in U.S. import prices for November.**Sector Analysis**Gold stocks witnessed extended losses amid continued depreciation of the precious metal, pulling the NYSE Arca Gold Bugs Index down by 2.7%. Steel stocks also experienced significant declines, with the NYSE Arca Steel Index plummeting by 2.6%, reaching its lowest closing point in nearly three months. Additionally, sectors such as computer hardware, airlines, and housing exhibited marked weaknesses, while semiconductor and networking stocks demonstrated resilient gains.**Global Markets**Internationally, the Asia-Pacific stock markets primarily experienced declines on Friday. Japan's Nikkei 225 Index fell by 1.0%, with China’s Shanghai Composite Index dropping 2.0%.In Europe, the major markets registered moderate downward movement. The French CAC 40 Index decreased by 0.2%, while the FTSE 100 Index in the U.K. and Germany's DAX Index both reduced by 0.1%.In the bond market, treasuries continued their downward trend, resulting in the yield on the benchmark ten-year note rising by 7.5 basis points to settle at 4.399%.**Outlook for the Week Ahead**Next week, the Federal Reserve's monetary policy decision will take center stage. Market participants will also closely monitor reports on retail sales, industrial production, housing starts, existing home sales, and personal income and spending. The report on personal income and spending, due next Friday, is particularly significant as it includes the Fed's favored measures of consumer price inflation.The material has been provided by InstaForex Company - www.instaforex.com
FTSE 100 set to finish week on a high - UK Investor Magazine
The FTSE 100 looked set to close the week out with a very marginal high despite the disappointing news the UK economy shrank in news in October. “The UK economy has failed to deliver an early Christmas present for Sir Keir Starmer and Rachel Reeves, after it unexpectedly contracted 0.1% in October with construction and manufacturing both […]
FTSE 100 declines ahead of interest rate decisions, Bunzl sinks - UK Investor Magazine
The FTSE 100 opened down sharply on Monday as traders reacted to UK wage data that created doubts about the Bank of England’s interest rate trajectory. Strong growth in UK wages serves as a reminder the inflation problem hasn’t gone away and, crucially, interest rates may not fall as quickly as some would like. “Regular […]
FTSE 100 dragged lower by utilities and housebuilders - UK Investor Magazine
The FTSE 100 was weaker on Monday as housebuilders, utilities, and China-focused stocks weighed on the index. If it weren’t for strength in pharma companies and marginal gains for the UK-focused banks, the FTSE 100’s 0.3% drop would be far more dramatic. “The FTSE 100 dipped…despite the best efforts of the pharma and banking sectors […]
The FTSE Finish Line: December 17 - 2024 | Tickmill
The FTSE Finish Line: December 17 - 2024FTSE Sinks To Two Month Low Ahead Of BoE Rate DecisionThe FTSE 100 in the UK fell to a nearly one-month low on Tuesday following robust wage data, as investors prepared for insights regarding the future interest
FTSE 100 shakes off higher inflation, banks and retailers rise - UK Investor Magazine
UK CPI inflation rising to 2.6% has been taken remarkably well by traders on Wednesday, with banks, retailers and oil stocks helping the FTSE 100 higher. Rising inflation will be a concern for investors hoping for lower interest rates, but the initial reaction to CPI rising to 2.6% – bang in line with estimates – […]
FTSE 100 slips again as rates concerns linger - UK Investor Magazine
The selling that rocked global equities post-Fed yesterday continued on Friday, with European indices falling in the early hours of trade. US stocks faced another choppy session on Thursday as traders grappled with the idea the Federal Reserve will be in no rush to cut rates next year and the pace of rate cuts will […]
FTSE 100 sinks after 'hawkish' interest rate cut, BoE provides reason to be optimistic - UK Investor Magazine
Global equities sank on Thursday after the US Federal Reserve delivered a ‘hawkish cut’ to interest rates, sending a wave of disappointment through financial markets. The Bank of England helped stem the selling with hints of rate cuts in the new year, despite keeping rates on hold at 4.75%. So much for a Santa rally. […]