Stocks, economic data, business news

Stocks, economic data, business news

European markets traded in negative territory on Monday, in what will be the region’s final full trading session of the year. The pan-European Stoxx 600 index was around 0.2% lower at 11:32 a.m. London time, with most sectors in negative territory. Healthcare, media and technology stocks led the losses, while utilities, autos and banking stocks … Read more

Stocks, economic data, business news

Stocks, economic data, business news

European stocks were higher on Friday, as regional markets reopened following a closure for the Christmas holiday. The pan-European Stoxx 600 index was 0.2% higher at 8:40 a.m. London time, with most sectors and major bourses in positive territory. Shares of Danish pharmaceutical giant Novo Nordisk gained 3.5% during morning deals, sending the company to … Read more

European markets: stocks, news and data

European markets: stocks, news and data

Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets headed for a higher open on Friday as investors weighed the outlook for the economy and looked to fresh data. The U.K.’s FTSE 100 was last on track to add around 4 points to 8,287, Germany’s DAX was set to rise by 47 points … Read more

FTSE 100 drops struggling British luxury brand

FTSE 100 drops struggling British luxury brand

LONDON, UNITED KINGDOM – 2020/07/16: Storefront of the Burberry store in the prestigious New Bond Street. (Photo by Dave Rushen/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — British luxury fashion house Burberry Group dropped out of the U.K.’s FTSE 100 stock market index on Wednesday, as waning sales and … Read more

stocks, news, data and earnings

stocks, news, data and earnings

Commercial office buildings in the City of London, UK, on Monday, Aug. 5, 2024. Betty Laura Zapata | Bloomberg | Getty Images LONDON — European markets were higher on Friday as they looked to shake off recent choppiness and follow Wall Street and Asia-Pacific stocks higher. The pan-European Stoxx 600 was 0.09% higher at 2:48 … Read more

Wall Street banks name UK stocks to benefit from a Labour Party win

Wall Street banks name UK stocks to benefit from a Labour Party win

The U.K.’s center-left Labour Party has won a substantial parliamentary majority in the country’s general election, unseating the incumbent Conservatives after 14 years. Analysts from investment banks have named stocks and indexes that are likely to benefit as the transfer of power happens in the U.K. FTSE 100 versus FTSE 250 Citi’s European equity strategist … Read more

Goldman Sachs upgrades UK growth forecast after Labour election win

Goldman Sachs upgrades UK growth forecast after Labour election win

Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — Goldman Sachs on Friday upgraded its growth forecast for the U.K. after the Labour Party’s victory in the country’s general election. The investment bank said in a note released early Friday morning that it expected Labour’s … Read more

Stoxx 600, central bank decisions, UK retail sales

Stoxx 600, central bank decisions, UK retail sales

Shoppers and local residents on Church Street on June 02, 2024 in Godalming, United Kingdom.  Jack Taylor | Getty Images News | Getty Images LONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on … Read more

From Car Valet to Millionaire Trader: Man Who Made $10M Shares 4 Funds He Invests Long-term

From Car Valet to Millionaire Trader: Man Who Made M Shares 4 Funds He Invests Long-term

Jack Kellogg was only 19 and working as a car valet when he first heard about stock trading from a friend and decided to invest money in the market to make a profit. Watching his parents struggle financially instilled in him the goal of becoming economically secure beyond just earning a paycheck. Kellogg’s desire to … Read more

History shows how election can impact stocks

History shows how election can impact stocks

Labour leader Tony Blair arriving in Downing Street after his election victory with crowds waving flags in the background, 2nd May 1997. Jeff Overs | BBC News & Current Affairs | Getty Images LONDON — The U.K. is less than six weeks away from a General Election in which polls suggest the center-left Labour Party … Read more