Friday,19 July 2024 08:58:39

Market Report by Email

If you would like to receive the daily Market Report by email please fill out your name and email address in the sign-up form below and you will be added to our mailing list.

Friday,19 July 2024 at 07:56

UK & European stock opened muted as investors digested the latest political headlines out of the US and their potential implications for the stock market.

Asia-Pacific markets fell, tracking Wall Street declines as investors continued to rotate out of tech stocks and take profits from the rally in equities in recent weeks.

Oil prices fell, setting up for a second weekly decline, as mixed economic signals weighed on investor sentiment and boosted the dollar.

Gold prices fell, but were on track for a fourth straight weekly gain as expectations that the Federal Reserve will cut interest rates in September lifted bullion's appeal.

A major outage involving Microsoft on Friday has led to systems crashing at businesses around the world, including airlines, banks and the London Stock Exchange's Regulatory News Service.

The issue so far appears to have affected businesses in the US, UK, Australia, India, New Zealand and Spain.

Markets

08:55

FTSE 100 8,153 (-0.63%)

FTSE 250 21,075 (-0.75%)

DAX 18,207 (-0.80%)

the close

Dow Jones 40,665 (-1.29%)

S&P 500 5,544 (-0.78%)

NASDAQ 17,871 (-0.70%)

Fixed Income

UK 10-YR YIELD 4.070

Exchange Rates

GBP/USD 1.293

GBP/EUR 1.187

Commodities

Gold $2,417 (-1.11%)

Brent $84.71 (-0.08%)

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.