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FTSE 100 back above 7,000 amid strong corporate earnings

15 April 2021 | 12:14pm StockMarketWire.com - The FTSE 100 gained 0.52% to 6,970 by lunchtime on Thursday, extending its upward trajectory in recent days and taking it back to pre-pandemic levels, after a jump in commodity prices boosted the miners in the index. Rio Tinto, BHP and Anglo American were all trading higher by midday. AO World rose 2% to 324p after the white goods online retailer said it expected to report annual adjusted profit in line with market expectations following a strong ...

15 April 2021 | 16:51pm StockMarketWire.com - The FTSE closed 0.63% higher on Thursday to 6,983.50, extending its upward trajectory in recent days and taking it closer to the psychologically important 7,000-mark, as new US economic data showed a surge in consumer spending. There were record highs on Wall Street with the S&P 500 and Dow Jones reaching new heights as unemployment claims in the US dropped in March and retail sales surged. In company news, AO World rose 1.9% to 323.6p after the whi...

FTSE stages recovery to trade 0.4% lower, as OPEC opts not increase supply

FTSE 100 surges 2.5% as oil pushes towards $65 per barrel

FTSE pops higher on vaccine hopes and oil price strength

8 February 2021 | 12:06pm StockMarketWire.com - The FTSE 100 gathered momentum on Monday as investors looked to progress on a $1.9 trillion US stimulus package, with the index also supported by weakness in sterling. By midday the FTSE 100 was up 1.2% to 6,565.41. Index heavyweights BP and Royal Dutch Shell gained 2.7% to 254.25p and 1.3% to £12.97 respectively after Brent crude prices hit $60 a barrel for the first time since the onset of the pandemic. Credit reporting company Experian revers...

8 February 2021 | 16:39pm StockMarketWire.com - The FTSE 100 closed up materially on Monday, rising xx to xxxx.xx but was off its highs amid competing catalysts around oil prices, US stimulus and Covid. In the US stocks ascended to new record highs with the S&P 500 ahead by 0.3% to 3,897.89 at 4.30pm UK time. Bitcoin also hit a fresh record level after emerged that tech firm Tesla had invested $1.5 billion in the cryptocurrency. FTSE heavyweights BP and Royal Dutch Shell gained 4.1% to 262.3p a...