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Markets

DOW Jones back close to 22000 levels

DOW Jones back close to 22000 levels – but for how long this time? The Dow Jones Industrial Average on Friday 1st September moved to just under 22000, but only just. It closed at: 21987 but with intra day highs above 22000. The NASDAQ closed at a record high of: …

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Markets

NYSE closed for Labour Day

NYSE closed for Labour Day The New York Stock Exchange (NYSE) will be closed on Monday 4th August for US Labour Day. After this holiday its back to the grindstone as there are no more breaks until the Christmas holidays!

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Markets

Asian markets follow Wall Street up

Asian markets follow Wall Street up Asian markets continued to edge up a little on Friday (01/09/17) following Wall Street after positive Chinese manufacturing data. Chinese shares moved higher. Hong Kong’s Hang Seng remained flat. Japan’s NIKKEI climbed 0.2%.    

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Markets

US Non-farm payroll data due

US Non-farm payroll data due (01/09/17) The outlook for US  inflation remains uncertain but US employment data continues to improve. Data released in the US later today will be closely watched by investors. I’ll come back to this post later.

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Markets

Wall Street up on US tax reform agenda

Wall Street up on US tax reform agenda The DOW Jones Industrial Average (DJIA) picked its way through the trading day to close up at: 21952. The revision of GDP figures up and the renewal of election tax reform promises pushed the DOW ever closer to 2200o again. The S&P …

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News

A date with Apple

A date with Apple Diary at the ready – electronic or otherwise. The 12th September 2017 at 10am a BIG Apple announcement is due! Could it be the next-generation Apple iPhone? The next-generation Apple watch? 4K Apple TV? Or, something completely different – such as an Apple electric car? (Or …

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Markets

FTSE 100 closed up

FTSE 100 closed up FTSE 100 closed up today (31/08/17) at 7430 a gain of 65 points. The best performer was: Mediclinic International PLC (MDC) at: 764.5p – up 2.9% There were seven companies in the top 10 risers that gained more than 2% At the other end of the …

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Finance

FTSE 100 & FTSE 250 quarterly re-shuffle due

FTSE 100 & FTSE 250 quarterly re-shuffle due In the latest quarterly re-shuffle of FTSE 100 companies – Provident Financial PLC and Royal Mail PLC have been relegated to the FTSE 250. Companies moving out of the FTSE 100 Provident Financial PLC (PFG) & Royal Mail PLC (RMG) have been …

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Finance

US data reduces chance of early rate rise

US data reduces chance of early rate rise Recent data released from the Commerce Department shows US consumer spending rose less than expected in July. Inflation increased at its slowest rate since 2015. Investors expectations are that the Federal Reserve may delay raising interest rates until December 2017. Will they, …

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News

Hyperloop test sets speed record

Hyperloop test sets speed record watched by Elon Musk Tests held in a mile long test ‘tube’ near Los Angeles sees one of its pods propelled to 220mph (355km/h). Elon Musk first floated the concept of Hyperloop transportation system in 2013. The idea is for ‘pods’ to travel in a …

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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 …