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FTSE 100 keeps rising as recovery stocks and miners continue to provide support


Tetra Bio-Pharma Inc (TSE:TBP) (OTCMKTS:TBPMF) (FRA:JAM1) expects to generate over C$47.5M from DanCann Pharma distribution deal
HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) plans at least 16,000 metres of drilling in Alaska this year as it approves C$10M exploration budget
CytoDyn Inc (OTCQB:CYDY) strikes agreement with AEIH in Brazil to run two coronavirus trials using its flagship drug leronlimab
2.39pm: Wall Street opens higher after ADP jobs data
The main indices on Wall Street opened on the front foot on Wednesday after the latest ADP jobs report showed a surge in private sector hiring in April, although less than analysts had expected. ....

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S&P/ASX 200 rises for a third day in a row to near February 2020's all-time high


13:15 Wed 05 May 2021
S&P/ASX 200 rises for a third day in a row to near February 2020’s all-time high
Brent crude futures gained 1.48% to US$68.50 a barrel on Tuesday after climbing by 1.2% on Monday as US states eased lockdowns and Europe planned to open up to foreign tourists this summer.
Cryptocurrency Ethereum hit a new all-time high of US$3,417 (A$4,400) overnight.
S&P/ASX 200 (INDEXASX:XJO) gained 49 points or 0.7% to 7,117 by around 1 pm with the benchmark index now only 80 points or 1.1% away from February 2020’s all-time high.
Improvements have been across the board with heavyweights CSL Ltd (ASX:CSL) and Commonwealth Bank (ASX:CBA) contributing most to market gains. ....

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FTSE 100 continues to gain ground, but UK car sales give mixed signals


FTSE 100 steady above 7000 level with Wall Street set to open higher
Companies
FTSE 100 steady above 7000 level with Wall Street set to open higher
The index of UK-blue-chips in positive mood while US is set to make a positive start as investors await jobs and services data
FTSE 100 up 81 points
Dow to see early gains
Croda higher on restructuring talk
12.35pm: US market expected to recover
Wall Street is set to recover after Tuesday s caution as US Treasury Secretary Janet Yellen rattled the cages with talk of interest rate rises.
The Dow Jones Industrial Average, which ended off its worst levels despite Yellen s comments, is expected to open 70 points or 0.22% higher at around 34,203 while the S&P 500 is forecast to rise by 0.3%. The Nasdaq Composite, which bore the brunt of Tuesday s selling and fell 1.88% as growth stocks fell out of favour again,  is set to recover by around 0.5%. ....

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FTSE 100 to start higher as momentum returns


FTSE 100 edges above 7000 level once again, as markets ignore inflation risks
Companies
FTSE 100 edges above 7000 level once again, as markets ignore inflation risks
The index of UK-blue-chips in positive mood as commodity companies provide support and dealers forget about Yellen comments
FTSE 100 up 83 points
Croda higher on restructuring talk
Miners ahead
10.48am: Markets shrug off Yellen comments
Leading shares are holding onto the 7000 level, as commodity stocks provide support and Tuesday s comments about interest rate hikes from US Treasury Secretary Janet Yellen fade into the background.
The FTSE 100 is now up 83.35 points or 1.2% at 7006.52. Whether it ends the day above the key level remains to be seen - we have been here before. ....

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