The FTSE 100 ( ^FTSE) and European stocks were muted on Thursday as consumer confidence in the British economy tumbled to a new low amid recession fears.
Wall Street rally holds strong as S&P 500 beats December record high - New York’s S&P 500 index moved about 0.8% higher to surpass last month’s intra-day record high.
U.S. main stock indexes were set for a subdued start on Thursday, as investors paused after Wall Street's strong performance in the previous session and focused on corporate earnings, economic data and President Donald Trump's remarks - all lined up through the day.
Wall Street was mixed in premarket trading on Thursday as major U.S. airlines stumbled and health insurance companies soared. Futures for the S&P 500 lost 0.1% before the opening bell, while futures for the Dow Jones Industrial Average ticked up 0.
U.S. markets are poised to open with gains Wednesday on a sustained strong showing from some big corporations during earnings season and an announcement from President Donald Trump on a $500 billion AI investment partnership.
The UK’s unemployment rate rose to 4.4% in the three months to November, up from 4.3% previously and the highest level since May. Average earnings including bonuses increased 5.6% on an annual basis in the quarter to November,
U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and interest rates high.
Another engine of value creation for Wall Street that has been slow in recent years is the IPO market — which is also set to pick up.
The FTSE 100 (^FTSE) and European markets nfinished ... after the company said it was taking "decisive steps" to reshape the group. Sainsbury's (SBRY.L) - Despite delivering its "biggest ever ...
Goldman Sachs is tapping several executives to lead its prized Wall Street businesses, it said on Tuesday, as part of a management reshuffle less than a week after reporting its biggest quarterly profit in more than three years.
The yield on 10-year UK gilts rose by three basis points to 4.82%, having this week hit their highest level since 2008.
The FTSE 100 ( ^FTSE) and European stocks were muted on Thursday as consumer confidence in the British economy tumbled to a new low amid recession fears.