Tuesday,19 November 2024 16:59:52

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Tuesday,19 November 2024 at 16:56

UK and European markets fell as investors around the world monitored a spike in geopolitical tensions centered on Russia.

U.S. stocks regain ground after early move to the downside after coming under pressure early in the session. The major averages have climbed well off their early lows, with the Nasdaq and the S&P 500 reaching positive territory.

Gold prices climbed for a second consecutive session, hitting a one-week high as mounting Russia-Ukraine tensions sparked a rush for safe-haven assets, while investors awaited key signals on the Federal Reserve's interest rate plans.

Crude oil futures rose slightly after Ukraine struck Russia with longer-range, U.S.-made missiles.

On the corporate side of things, Google has said it would harm consumers and businesses if it is forced to sell Chrome, the world's most popular web browser.

The US Department of Justice (DOJ) will propose the measure to a judge on Wednesday, Bloomberg has reported.

Judge Amit Mehta ruled Google operates an online search monopoly in August and has been considering what remedies or penalties to impose.

The DOJ has not commented on the report - but Google has made clear it is a proposal it opposes.

Markets

At the close

FTSE 100 8,099 (-0.13%)

FTSE 250 20,427 +0.16%

DAX 19,061 (-0.67%)

At 16.57

Dow Jones 43,261 (-0.29%)

S&P 500 5,904 +0.18%

NASDAQ 18,896 +0.55%

Fixed Income

UK 10-YR YIELD 4.440

Exchange Rates

GBP/USD 1.266

GBP/EUR 1.197

Commodities

Gold $2,626 +0.55%

Brent $73.10 +0.06%

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.