Market reports from ShareCast
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Europe midday: Shares up as IDS spikes 20% on Kretinsky bid approach
Wed 17 April 2024 11:15
(Sharecast News) - European shares extended their rally on Wednesday after a major sell-off a day earlier as investors digested UK inflation news and a rebuffed bid approach for Royal Mail owner International Distribution Services that sent the stock up 2
Europe open: Shares stage mini-rally after Tuesday sell-off
Wed 17 April 2024 08:22
(Sharecast News) - European shares staged a small rally at the open on Wednesday after a major sell-off a day earlier as investors digested inflation news and awaited Israel's response to a missile attack by Iran on Saturday night.
US close: Stocks finished mixed after Powell urges patience on rate cuts
Tue 16 April 2024 21:35
(Sharecast News) - US stocks finished mixed on Tuesday after bond yields climbed on the back of comments from Federal Reserve chair Jerome Powell, who said the central bank needed more confidence that inflation was on a downward trend before cutting inter
London close: FTSE 100 sinks to four-week low as risk-off trade takes hold
Tue 16 April 2024 15:57
(Sharecast News) - London's top-tier stock market closed at its lowest levels in four weeks on Tuesday as risk-off trading took over in light of escalating tensions in the Middle East and concerns that monetary loosening in the UK and US may not happen as