Growing Environmental Consciousness Driving Innovations In The Renewable Energy Sector
FN Media Group Presents Microsmallcap.com Market Commentary
NEW YORK, June 3, 2021 /PRNewswire/ The global renewable energy market, which was estimated at $980 billion in 2017, is expected to reach a stunning
$1.5 trillion by 2025. The demand for sustainable and clean energy sources fueled by environmental concerns regarding rapid urbanization, fossil fuels and economic growth in emerging regions is driving the growth seen in recent years within the market. This demand has also fueled the development of innovative and sustainable solutions like energy-efficient batteries, energy storage solutions, and particularly, electric vehicles (EVs), which grew to a value of $246.7 billion in 2020. Companies such as
FTSE 100 closes in red as travel stocks and miners weigh
The UK s top share index finished the afternoon session down over 43 points, or 0.61%, at 7,064
FTSE 100 closes down 43 points
US stocks mixed
5.15pm: FTSE closes lower
FTSE 100 closed in the red on Thursday, weighed down by travel and commodity groups.
The UK s top share index finished the afternoon session down over 43 points, or 0.61%, at 7,064.
Midcap FTSE 250 was also lower, closing down over 180 points, or 0.57%, at 22,802.
Over on Wall Street, it was a mixed bag. The Dow Jones Industrial Average added over 35 points, but the S&P 500 and Nasdaq were lower, by eight points and 112 points respectively.
16:02 Thu 03 Jun 2021
FTSE 100 off worst levels but still in the negative as Wall Street slips after strong economic data
The UK blue chip index and US markets under pressure as buoyant service sector figures and strong American jobs market rekindle inflation concerns
FTSE 100 down 44 points
US stocks open lower
4.02pm: US service sector surges
The strong US jobs data has rekindled investors concerns about inflationary pressures, and the idea that central banks might have to ease their support for the economy as a consequence. Which would mean, among other things, a rise in interest rates.
Adding to the signs of a strong US economy was the latest service sector survey.