London FTSE 100 surges to record high as sentiment lifts globally

London’s FTSE 100 stocks index hit record highs on Tuesday, catching up with major global peers that have struck all-time peaks this year as inflation cools. Sentiment was upbeat across major world indices thanks to easing Middle East worries and hopes of interest-rate cuts, while traders are keenly awaiting the release this week of more … Read more

London loses another listing, but analysts wary of writing off UK

The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK. Bloomberg | Bloomberg | Getty Images LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt. The Hannover-headquartered group’s … Read more

JPMorgan nailed 2023 forecast for Europe stocks. Here’s its 2024 call

JPMorgan predicts European stock markets will struggle to produce positive returns next year as investors digest slowing economic growth across the continent. The forecast for 2024 comes from the same team of strategists that have, so far, accurately called the MSCI Eurozone’s performance this year. They expected the index to rise 9.1% to close at … Read more