Mixed picture for Wall Street
On Wall Street the DOW Jones Industrial Average closed at 22002 – up slightly – but the S&P 500 closed down at: 2464 and the NASDAQ also closed down at 6333 – All with small movement though.
FTSE 100 index closed up
The FTSE 100 index closed up. The FTSE 100 index closed up 30 points at: 7383 – led by EasyJet (EZJ) up 5.2% to close at: £13.30 Since closing – the markets in general have stalled and most indices appear to be treading water. The worst FTSE 100 performer today …
Semi-retirement for the telephone box
Semi-retirement for the telephone box. The iconic telephone box is set to retire – or at least semi-retire. Plans announced by BT will see half of the remaining telephone kiosks retired and placed in better locations more likely to be used by the customer. Some 33,000 calls each day are …
US retail sales boosts market
US retail sales picked up June to July driven by car purchases and department stores sales growth. Based on this latest set of data it would appear, thanks to the US consumer, the US economy is well placed to benefit from more consumer spending in the second half of the …
Hargreaves Lansdown profits up
Hargreaves Lansdown profits up Hargreaves Lansdown PLC (HL.) reported today and profits are up by 21%. Assets under management are also up at £79.2 billion. See report here for Hargreaves Lansdown PLC (HL.) Share price: £13.56 on 15/08/17 at: 11:15am
Latest UK inflation figures
Latest UK inflation figures Inflation is unchanged from July to remain at 2.6% – UK inflation reached 2.9% in June 2016 the highest value so far this year. The Bank of England target is 2%
Markets settle after geopolitical tensions subside?
Markets appear to have settled after the escalation of tensions between the US and North Korea last week subside. Thankfully the tensions did not worsen over the weekend. Strong economic fundamentals under-pinning recent strong market increases are still there, hiding behind the scenes, despite geopolitical uncertainty. One of my concerns …
German growth continues
German growth continues Latest figures show the retail sector helped the German economy grow. Gross domestic product (GDP) rose 0.6% on previous quarter. These initial figures are open to revision at a later date. Imports grew faster than exports.