Market reports from ShareCast
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London midday: FTSE dips but outperforms European stocks as tech selloff deepens
Fri 17 July 2026 10:50
(Sharecast News) - London stocks had dipped into the red by midday on Friday but were faring better than their European counterparts thanks to minimal exposure to the technology sector, as the global tech selloff deepened.
US close: Chip stocks drag markets lower as Nasdaq sinks 1.5%
Thu 16 July 2026 21:40
(Sharecast News) - US stocks slid on Thursday as chip stocks continued to be pressured lower in spite of a blockbuster set of results from TSMC, while oil prices were volatile amid concerns of an escalation of conflict in the Middle East.
London close: FTSE 100 rallies as investors seek havens amid tech sell-off
Thu 16 July 2026 16:30
(Sharecast News) - A late rally pushed the FTSE 100 into positive territory by the close on Thursday, with analysts pointing to the UK benchmark index's defensive qualities amid a tech sell-off in the US.