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Finance

DOW Jones hits another new record

DOW Jones hits another new record The DOW Jones Industrial Average yet again today (03/08/17) closed at another new high of 22024 That’s seven days of record breaking highs!

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Finance

FTSE 100 closes higher

FTSE 100 closes higher The FTSE 100 closed higher on Thursday (03/08/17) – up 63 points to close at: 7475 Best FTSE 100 performer was: NEXT PLC (NXT) – shares up by 9.7% on the day. Worst FTSE 100 performer was: ConvaTec Group PLC (CTEC) – down by 6.4%

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News

A list of electric car manufacturers

A list of electric car manufacturers Here is a list of some of the electric vehicles currently available – (no hybrids) – and by no means not an exhaustive list:- Tesla: Model X, Model S & the new Model 3 BMW i3 Volkswagen: e-Golf & the e-Up! Renault Zoe Renault …

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Finance

What is the relationship between interest rates, consumer spending & debt?

Interest rates, consumer spending and debt What is the relationship between interest rates, consumer spending & debt? If personal debt levels are rising to abnormal levels again and if the UK recovery is relying on the consumer to spend more – surely the UK’s low interest rate policy is simply …

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Finance

£ Pound falls back

£ Pound falls back The £pound has fallen back against the $dollar to £1.31 (earlier, before the BoE interest announcement, the £pound was at $1.325). The FTSE 100 has climbed to 7450 after the Bank of England news.

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Finance

UK Interest rate on hold at 0.25%

UK Interest rate on hold at 0.25% The Bank of England (BOE) holds UK interest rate at 0.25%. Growth forecast cut as economy predicted to remain ‘sluggish’.

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News

Hyperloop One completes latest test

Hyperloop One completes latest test Just seen this on Hyperloop One website – take a look. Hyperloop One has successfully completed a test of its high speed vacuum tube and pod transportation system. The pod was tested in a 500 metre vacuum tube reaching a speed of 192mph. See link …

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Finance

Sterling trading up

Sterling trading up The £pound was up against the $dollar at $1.325 – as traders await the Bank of England policy decision due at midday 3rd August.

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Finance

Asian markets fall

Asian markets fall The Japan NIKKEI Index was down 0.4% – The Hang Seng fell by 0.28% – The China A50 Index was also down 0.47% Notably, South Korea KOSPI Index had the largest fall of 1.7% The DOW Jones Industrial Average breaking through the 22000 milestone didn’t appear to …

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Markets

Mixed bag for NEXT PLC

Mixed bag for NEXT PLC NEXT PLC (NXT) reports sales at its stores were down but online sales through its NEXT Directory were up! Overall sales for period May – July 2017 were up by slightly less than 1% at 0.7% NEXT PLC share price was up 7.8% (03/08/17 at: …

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Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on 28th September 2017… Worldpay Group PLC (WPG) Intertek Group PLC (ITRK) Smurfit Kappa Group PLC (SKG) Morrison (Wm) Supermarkets PLC Hargreaves Lansdown PLC  

Markets
Federal Reserve meeting update

Federal Reserve meeting update. The Federal Reserve on Wednesday (20/09/17) announced it will start reducing the size of its balance sheet. At something like $4.5 trillion it will now, after nine years finally start reducing the balance in October 2017 on a monthly basis. US interest rates were held at …

Markets
Dow Jones Industrial Average up again

Dow Jones Industrial Average up again I don’t know how many more times I will report on the rise of the Dow but it did it yet again yesterday (19/09/17). A new high was reached and at close the DJIA was: 22370 The outcome of the Federal Reserve’s policy meeting …

Markets
Record breakers

Record breakers. The record breaking highs just keep on coming as the Dow Jones Industrial Average yet again sets another record high on 18/09/17. The Dow Jones closed up at: 22331 The S&P 500 closed up at: 2503 The NASDAQ closed up at: 6454 For how much longer can these …

Markets
Dow Jones flying high again

Dow Jones flying high again New record high set by the Dow Jones Industrial Average. The DJIA closed up at: 22268 – yet another new record high!

Markets
FTSE 100 companies going ex dividend this week

FTSE 100 companies going ex dividend this week on Thursday 21st September 2017 Old Mutual PLC (OML) Taylor Wimpey PLC (TW.    

Markets
Sterling continues upward march

Sterling continues upward march. The pound bashed through $1.36 against the dollar on Friday (am 15/09/17) as the FTSE 100 falls back. Will it hold on to these gains?  

Investing
J D Wetherspoon reports

J D Wetherspoon reports. End of year accounts from J D Wetherspoon report sales and profits up! Profit before tax is reported at: £102.8 million (up from £80.60 million in 2016). Sales up by: 4% (like-for-like). Where else can you get such good value? J D Wetherspoon PLC (JDW) is …

Markets
Asian stock markets end the week subdued

Asian stock markets end the week subdued Investors appear to largely shrug off the latest provocation from North Korea as another missile is fired over Japan. Japan’s NIKKEI index closed up to end the week at: 19909 and South Korea’s KOSPI index closed up at: 2386. Hong Kong’s Hang Seng …