Market Report - Midday
London stocks were firmly in the red by midday on Friday, weighed down by inflation concerns and disappointing retail sales data.
London stocks were still a little weaker by midday on Thursday after the US Federal Reserve signalled that it could hike interest rates earlier than expected.
London stocks had pared gains by midday on Wednesday as investors digested news that inflation jumped past the Bank of England’s 2% target in May for the first time in nearly two years and looked ahead to the latest policy announcement from the Federal Reserve.
London stocks were still in the black by midday on Tuesday following a late-stage rally on Wall Street, as investors digested the latest UK jobs data.
London stocks were still in the black by midday on Monday as investors took reports of a potential four-week delay to the lifting of England’s lockdown in their stride.
London stocks were in the black by midday on Friday as investors digested encouraging UK GDP data.
London stocks had edged a little further into the black by midday on Thursday as investors eyed the latest US inflation data and a policy announcement from the European Central Bank.
London stocks had fallen further into the red by midday on Wednesday amid concerns about rising inflation after the latest set of figures from China and ahead of US data later in the week.
London stocks were just in the black by midday on Tuesday, helped along by some well-received earnings but with sentiment hit by reports that the lifting of lockdown measures could be delayed by up to a month.
London equity markets were still a little higher by midday on Monday, with strength in the housebuilding sector helping to offset weak mining stocks after disappointing Chinese data.
London stocks were a touch weaker by midday on Friday, with travel plays under the cosh after the government’s latest announcement, as investors eyed the US non-farm payrolls report.
London equity markets had fallen further into the red by midday on Thursday, with ex-dividend stocks a drag as investors awaited fresh catalysts.
London stocks were still a little higher by midday on Wednesday but markets lacked direction, with many traders away from their desks for the half-term holiday.
London equity markets had extended gains by midday on Tuesday, with energy and mining stocks pacing the advance as investors mulled an encouraging reading on the UK manufacturing sector.
London stocks were a touch firmer by midday on Friday as investors eyed the unveiling of US President Joe Biden’s spending plans, which are expected to be in the region of $6 trillion.
London stocks were a touch weaker by midday on Thursday, struggling for direction.
London stocks had dipped into the red by midday on Wednesday as investors digested the latest comments from Federal Reserve officials and sifted through corporate news.
London stocks were still treading water by midday on Tuesday as investors digested the latest UK borrowing figures and retail sales data.
London stocks were up in quiet trade by midday on Monday even as commodity prices fell, as the latest warning from China sparked hopes that inflationary pressures might ease.
London stocks were still treading water by midday on Friday, held back by a stronger pound after solid retail sales and manufacturing data.