Wednesday,09 November 2022 08:45:23

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Wednesday,09 November 2022 at 08:46

U.K. and European markets were cautious as global investors await the results of the U.S. midterm elections.

Asia-Pacific stocks were mixed as investors digested news that China’s annualized producer prices fell for the first time in October since December 2020.

Oil priced slightly lower.

Gold prices rose, boosted by a fall in the dollar.

In corporate news, food and clothing retailer Marks & Spencer said it expected to deliver annual results “similar” to expectations as interim pre-tax profits rose 11.3%.

Clothing and homewares sales rose 14% in the six months to October 1, while food revenue was up 5.6%.

Markets

At 08:30

FTSE 100 7,281 (-0.34%)

FTSE 250 18,621 (-0.41%)

DAX 13,657 (-0.24%)

At the close

Dow Jones 33,160 +1.02%

S&P 500 3,828 +0.56%

NASDAQ 10,616 +0.49%

Fixed Income

UK 10-YR YIELD 3.535

Exchange Rates

GBP/USD 1.156

GBP/EUR 1.146

Commodities

Gold $1,714 +0.13%

Brent $94.96 (-0.02%)

Important - No news or research item should be construed as a recommendation to trade. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.