16:02 Thu 03 Jun 2021
FTSE 100 off worst levels but still in the negative as Wall Street slips after strong economic data
The UK blue chip index and US markets under pressure as buoyant service sector figures and strong American jobs market rekindle inflation concerns
FTSE 100 down 44 points
US stocks open lower
4.02pm: US service sector surges
The strong US jobs data has rekindled investors concerns about inflationary pressures, and the idea that central banks might have to ease their support for the economy as a consequence. Which would mean, among other things, a rise in interest rates.
Adding to the signs of a strong US economy was the latest service sector survey.
Strategic Elements and Honeywell to assess development of Autonomous Security Vehicle
The company has also been conducting ongoing discussions with potential pilot deployments for the ASV and the AxV Platform in defence, security, agriculture, mining and other areas outside the correctional sector. Site Acceptance Testing has been achieved for the ASV developed for Eastern Goldfields Regional Prison.
Strategic Elements Ltd (ASX:SOR) is to negotiate a new agreement with global Fortune 100 software-industrial company Honeywell International Inc (NASDAQ:HON) to further develop and commercialise the Autonomous Security Vehicle (ASV).
This comes after the collaborators achieved Site Acceptance Testing (SAT) of the ASV developed for the Western Australian Department of Justice at the Eastern Goldfields Regional Prison (EGRP).
FTSE 100 closes ahead as US jobs miss boosts shares
The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775
FTSE 100 closes up at 7,129
Flight prices to Portugal jump 10-fold
US adds 266,000 jobs instead of 1mln
5.10pm: FTSE closes ahead
FTSE 100 closed Friday ahead as Wall Street headed north too as the big miss on the US monthly jobs number convinced traders the US central bank wouldn t change direction any time soon.
The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775.
FTSE 100 closes ahead as US jobs miss boosts shares
The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775
FTSE 100 closes up at 7,129
Flight prices to Portugal jump 10-fold
US adds 266,000 jobs instead of 1mln
5.10pm: FTSE closes ahead
FTSE 100 closed Friday ahead as Wall Street headed north too as the big miss on the US monthly jobs number convinced traders the US central bank wouldn t change direction any time soon.
The UK index of top shares closed up over 53 points at 7,129. The midcap FTSE 250 was also higher, adding almost 284 points at 22,775.
Strategic Elements’ robotic security vehicle passes prison site acceptance testing
The autonomous security vehicle is designed to automate perimeter security and reduce the amount of human involvement in testing and patrols, freeing those staff up for more skilled tasks. Site acceptance testing is a key milestone in the delivery of autonomous technologies to an end customer.
Strategic Elements Ltd’s (ASX:SOR) Autonomous Security Vehicle (ASV) has achieved an important milestone by passing Site Acceptance Testing (SAT) at the Eastern Goldfields Regional Prison.
The ASV successfully completed fully autonomous security missions around the perimeter of the prison.
Key milestone in delivering autonomous technologies