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FTSE 100 slips from best levels while Wall Street expected to open virtually flat


FTSE 100 slips from best levels while Wall Street expected to open virtually flat
Companies
FTSE 100 slips from best levels while Wall Street expected to open virtually flat
The UK blue-chip index in positive territory while US markets set for muted start ahead of Federal Reserve s Beige Book of economic conditions
FTSE 100 adds 11 points
Dow forecast to start unchanged
Wizz Air loses altitude
12.42pm: US markets seek direction
After a fairly uneventful close on Wall Street on Tuesday, things do not look to have changed much, with the opening calls looking far from dramatic.
The Dow Jones Industrial Average is forecast to edge up 22 points or 0.1%, while the S&P 500 and Nasdaq Composite are also expected to be virtually unchanged. ....

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Market Report: FTSE hots up alongside British sun with markets near record highs as oil rises


Market Report: FTSE hots up alongside British sun with markets near record highs as oil rises
FTSE100 made a healthy start as oil shares improved on crude rising to US$71 per barrel. London’s blue-chip index rose 25 to 7.105.
The UK government has started talks with Oxford University and AstraZeneca (AZN.L) about a new version of thier COVID-19 vaccine that targets the South Africa variant of the virus. The extra doses would be tailored for this specific variant with the UK said to be funding trials of its development.
Zoom (NASDAQ:ZM) reported better than expected earnings overnight but was cautious about demand tailing off as people start to return to the office. Even so, the video conferencing firm forecast full year revenues of almost US$4bn, an increase from previous estimates. ....

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FTSE 100 back in the green as Burberry benefits from upgrade


FTSE 100 ends back in the green; S&P 500 climbs toward a record in the US
Companies
FTSE 100 ends back in the green; S&P 500 climbs toward a record in the US
The UK blue-chip index was supported by fashion group and oil companies, while Wall Street edged higher at midday in the US
FTSE 100 up 28 points
US stocks pick up
5.04pm: June off to to a positive start for markets
The FTSE 100 closed Wednesday up 28 points, 0.4%, at 7,108, while the FTSE 250 gained 58 points, 0.3%, to 22,933.
The second day of June has been another broadly positive one for stock markets, although gains on the FTSE 100 have been somewhat muted, IG Chief Market Analyst Chris Beauchamp wrote. Markets are making steady progress this afternoon, although a lack of macro drivers have left things a little dull. However, ‘never short a dull market’ is a key adage for investors and traders, and remains an important principle to remember, especially when the urge to ‘sell in M ....

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