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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.
The FTSE 100 is set to close at its highest-ever level as the UK’s leading shares soared on hopes of interest rate cuts later this year. The stabilising bond market also helped lift sentiment, and the FTSE 100’s weighting towards natural resources benefited from M&A chatter. “After years of trying, and failing, to play catch […]
The United Kingdom’s leading stock exchange, London’s FTSE 100, has hit a record intraday high as investors shift capital to European equities. The U.K.’s mining-heavy FTSE 100 index is up 1.1% on Jan. 17, surpassing a record intraday high of 8,484 ...
Stocks experienced a significant upswing on Friday, with the major indices successfully recouping the losses from the previous session. The Dow closed at its highest level in a month, marking a strong performance. Although the indices slightly retreated from their peak levels by the end of the session, they stayed robustly positive. The Nasdaq leaped by 291.91 points, representing a 1.5% increase, to close at 19,630.20, while the S&P 500 advanced by 59.32 points, or 1.0%, reaching 5,996.66. Meanwhile, the Dow rose by 334.70 points, or 0.8%, settling at 43,487.83.Throughout the week, the major averages recorded substantial gains, with the Dow climbing 3.7%, the S&P 500 increasing by 2.9%, and the Nasdaq rising by 2.5%. Contributing to these gains was a decline in treasury yields, despite the fact that the yield on the ten-year note rebounded from an early dip to finish nearly unchanged.The recent drop in treasury yields was buoyed by U.S. inflation data released in recent days, which renewed optimism regarding the outlook for interest rates. Adding to this optimism, Federal Reserve Governor Christopher Waller expressed to CNBC that the Fed might lower interest rates multiple times within the year if inflation decreases as anticipated."As long as the data continues to reflect favorable trends in inflation, I could easily see rate cuts happening sooner than what the markets are currently expecting," Waller remarked during an interview with CNBC's Sara Eisen on "Squawk on the Street" on Thursday. He indicated that the frequency of rate cuts would be data-driven, suggesting the potential for three or four cuts with significant inflation progress or just one or two if the decrease is less pronounced.Wall Street's vigor may also be attributed to a positive outlook regarding market conditions under President-elect Donald Trump, who is set to be sworn in again on Monday. Stocks have rallied since Trump’s November election, driven by expectations of favorable business policies, despite concerns about proposed tariffs.In economic news from the U.S., the Federal Reserve unveiled a report showing a more substantial-than-expected increase in industrial production for December, rising by 0.9% following a revised 0.2% rise in November. Analysts had predicted a 0.3% increase, up from the initially reported 0.1% decline for the previous month.**Sector Insights**Semiconductor stocks had a standout day, pushing the Philadelphia Semiconductor Index up by 2.8%. Applied Materials (AMAT) saw significant gains after KeyBanc Capital Markets upgraded its rating on the company's stock from Sector Weight to Overweight. Retail stocks also showed strength, as indicated by a 1.5% increase in the Dow Jones U.S. Retail Index. Banking, brokerage, and software stocks performed well, although pharmaceutical stocks experienced notable declines.**International Markets**Internationally, the Asia-Pacific markets displayed mixed results on Friday. Japan's Nikkei 225 Index decreased by 0.3%, while China's Shanghai Composite Index edged up by 0.2%. In contrast, major European markets demonstrated strong upward movements, with the U.K.'s FTSE 100 Index advancing by 1.4%, Germany's DAX Index increasing by 1.2%, and France's CAC 40 Index by 1.0%.In the bond market, treasuries retreated near the unchanged line after showing initial strength, with the yield on the ten-year note, which moves inversely to its price, edging up by less than a basis point to 4.609%, after reaching a low of 4.568%.**Looking Ahead**Following Martin Luther King Jr. Day on Monday, trading in the coming week may be influenced by reactions to the latest earnings reports amid a relatively sparse U.S. economic calendar. Notable companies scheduled to announce their quarterly results include 3M (MMM), Netflix (NFLX), Procter & Gamble (PG), Johnson & Johnson (JNJ), Travelers (TRV), American Express (AXP), and Verizon (VZ). Additionally, any major policy actions by the new Trump administration after the inauguration could impact next week’s market activity.The material has been provided by InstaForex Company - www.instaforex.com
The FTSE 100 was trading broadly flat on Tuesday as investors digested the first executive orders by Donald Trump and attempted to gauge the course of action for the first 100 days of his presidency. London’s leading index had started the day in positive territory and flirted with all-time intraday highs before the rally faded. […]
Last week’s rally continued on Monday as with FTSE 100 on course to set a fresh all-time record closing high amid rising optimism around interest rates. London’s leading index touched 8,533, matching Friday’s peak before easing back to trade at 8,514. “The FTSE 100 has opened the week buoyed by positive winds and renewed investor […]
The FTSE 100’s defensive attributes helped propel the index to fresh intraday highs on Wednesday as investors settled into the new narrative created by Donald Trump’s second term in the White House. London’s leading index was 0.3% higher at the time of writing after printing all-time intraday highs above 5,580. Donald Trump seems to be […]
European stocks are anticipated to open predominantly lower on Thursday as investors seek further clarity regarding U.S. President Donald Trump's policy agenda.Asian markets displayed mixed trends, with upticks observed in the Chinese and Hong Kong markets. This followed the announcement of medium- and long-term investment plans by several Chinese government departments aimed at bolstering the country's struggling stock market.China has unveiled a strategic initiative to channel hundreds of billions of yuan annually from state-owned insurance companies into the stock market. This move is intended to enhance investor confidence and revitalize the market.The US dollar strengthened in anticipation of a series of central bank decisions expected in the coming week. Concurrently, gold edged down from a near three-month high, whereas oil prices decreased following industry reports indicating the first increase in U.S. crude stockpiles since mid-November.The yen remained relatively stable amid expectations that the Bank of Japan will raise interest rates at the conclusion of its two-day policy meeting on Friday.In terms of economic data releases, attention later in the day may turn to Eurozone consumer confidence survey results, alongside U.S. data on initial jobless claims and the Kansas City Fed manufacturing index.The U.S. stock market experienced gains overnight, propelling Wall Street toward record highs. This surge was supported by strong quarterly results from Netflix, optimism surrounding potential Federal Reserve rate cuts, and President Trump's new initiative focusing on artificial intelligence.The Dow Jones Industrial Average increased by 0.3%, the S&P 500 rose by 0.6%, and the technology-centric Nasdaq Composite advanced by 1.3%.On Wednesday, European stocks broadly rose, with sentiment bolstered by expectations of rate cuts from both the Federal Reserve and the European Central Bank, which countered concerns over Trump's tariff threats.The pan-European STOXX 600 index increased by 0.4%, reaching a nearly four-month high. Germany's DAX index climbed 1% to close at an all-time high, buoyed by Adidas’s strong holiday quarter performance. France's CAC 40 index jumped 0.9%, while the U.K.'s FTSE 100 ended slightly lower.The material has been provided by InstaForex Company - www.instaforex.com
The FTSE 100 took a step back in early trade on Thursday as retail stocks weighed on the index and investors further assessed what Donald Trump could mean for stocks. London’s flagship index was down six points at 8,538 on Thursday despite US markets hitting record highs overnight. Markets globally are breathing a sigh of relief […]