FTSE 100 Live: NatWest Results Impress, Retail Recovery Falls Short
GREATER LONDON, ENGLAND, JUL 24 – The FTSE 100 rose 0.9% to a record close of 9,138.37, driven by strong earnings and optimism for a US-EU trade deal after the Japan-US agreement, analysts said.
5 Articles
5 Articles
Footsie hits another high on trade deal hopes
The FTSE 100 scaled new highs yesterday as hopes of a trade deal between the US and the EU gave global stock markets a lift, writes Hugo Duncan. With traders also cheering upbeat results from the likes of Reckitt Benckiser and BT - and eyeing potential interest rate cuts this summer - the blue-chip index rose 0.9pc, or 76.88 points, to 9138.37. That took gains for the year to close to 12pc. “The FTSE 100 has sprung to life,” said David Morrison,…
FTSE 100 slips as investors pause for breath
The FTSE 100 slipped on Friday as investors paused for breath after a rip-roaring rally driven by hopes of an EU/US trade deal and strong corporate earnings. London’s leading index was down 0.3% at the time of writing, but it is still 10% higher year-to-date. This outstrips the S&P 500’s 8% gain but lags the […] The post FTSE 100 slips as investors pause for breath appeared first on UK Investor Magazine.
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