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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 final quarter to the fiscal year. For the year ended 31 March 2021, adjusted EBITDA, or profit befor...

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 white goods online retailer said it expected to report annual adjusted profit in line with market expec...

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