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FTSE 100 ends higher after jump in oil prices, Wall Street struggles ahead of Fed decision


FTSE 100 ends higher after jump in oil prices, Wall Street struggles ahead of Fed decision
The UK blue chip index moved higher while US markets remain cautious ahead of Federal Reserve announcements
FTSE 100 closes up 19 points
S&P 500 drops flat after opening surge
Sainsbury falls after COVID-19 costs
5.10pm: London s leading index pulls out a win
The FTSE 100 ended Wednesday up 19 points, 0.3%, at 6,964, while the FTSE 250 added 7 points to finish at 22,440.
Oil prices jumped after weekly crude stockpile data fell short of expectations, IG Chief Market Analyst Chris Beauchamp noted.
Oil firms in London and on Wall Street have felt the benefit, as the commodity itself rallies, building on the gains made so far this week, Beauchamp wrote. As with equities, it has been unwise to assume the oil rally of recent months has come to an end, and a few more indications of strengthening demand could see oil recover the highs of March. ....

Northern Territory , New South Wales , United States , Hong Kong , United Kingdom , Western Australia , Czech Republic , City Of , Michael Hewson , Daniel Frumkin , Jerome Powell , Jeffrey Halley , Steve Clayton , Hargreaves Lansdown , Joshua Mahoney , Ipek Ozkardeskaya , Daniel Kretinsky , Alistair Milne , Richard Hunter , Danni Hewson , Chris Beauchamp , J Sainsbury , Federal Reserve , Abra Base Metals , Abra Drilling Program , Market Analyst Chris Beauchamp ,

FTSE 100 to open higher ahead of Fed meeting


FTSE 100 edges higher as Fed nerves ease; Lloyds in demand after strong Q1
Companies
FTSE 100 edges higher as Fed nerves ease; Lloyds in demand after strong Q1
The index of UK blue-chips opened 24 points to the good at 6,968.59
Over to you Mr Powell
The FTSE 100 opened in positive territory ahead of the US Federal Reserve call on interest rates with traders betting that Jerome Powell and his cohort will maintain their ultra-accommodative monetary stance.
There have been a few market wobbles of late with America’s rapid vaccination programme sparking a faster than anticipated economic rebound, which in turn precipitated inflationary fears. ....

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FTSE 100 ends higher after jump in oil prices, Wall Street struggles ahead of Fed decision


FTSE 100 ends higher after jump in oil prices, Wall Street struggles ahead of Fed decision
The UK blue chip index moved higher while US markets remain cautious ahead of Federal Reserve announcements
FTSE 100 closes up 19 points
S&P 500 drops flat after opening surge
Sainsbury falls after COVID-19 costs
5.10pm: London s leading index pulls out a win
The FTSE 100 ended Wednesday up 19 points, 0.3%, at 6,964, while the FTSE 250 added 7 points to finish at 22,440.
Oil prices jumped after weekly crude stockpile data fell short of expectations, IG Chief Market Analyst Chris Beauchamp noted.
Oil firms in London and on Wall Street have felt the benefit, as the commodity itself rallies, building on the gains made so far this week, Beauchamp wrote. As with equities, it has been unwise to assume the oil rally of recent months has come to an end, and a few more indications of strengthening demand could see oil recover the highs of March. ....

Northern Territory , New South Wales , United States , Hong Kong , United Kingdom , Western Australia , Czech Republic , City Of , Michael Hewson , Daniel Frumkin , Jerome Powell , Jeffrey Halley , Steve Clayton , Hargreaves Lansdown , Joshua Mahoney , Ipek Ozkardeskaya , Daniel Kretinsky , Alistair Milne , Richard Hunter , Danni Hewson , Chris Beauchamp , J Sainsbury , Federal Reserve , Abra Base Metals , Abra Drilling Program , Market Analyst Chris Beauchamp ,