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The Cboe Volatility Index will “generally trade higher in 2024 than in 2023, and the extent of the increase depends on the timing and severity of an eventual recession” and potential wider swings that could curb selling of short-term volatility, the bank’s Americas equity derivatives strategists, led by Bram Kaplan, wrote in a note on December 8. ....
1455 GMT - The U.K. corporate sector is likely to face rising credit distress as more companies issue profit warnings and inflation weakens, says DLA. ....
The FTSE 100 closed Wednesday up 1.8% to 7588 points, reaching its best daily performance in the year so far with housebuilders and real-estate stocks leading the table after better-than-expected. ....
UK Banking, Financial Stocks Drop After SVB Collapse morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.