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Follow John on: FTSE 100 lower with Scottish Mortgage trust leading the retreat; Wall Street mixed as Dow crosses 35K Tech shares appear to be out of fashion this week, as the US Nasdaq gave up more than 1% The FTSE 100 down 6 points Tech stocks out of favour Centricafriendless after downbeat trading update 12.05pm: Major diversion among US indices as midday The FTSE 100 ended down 6 points at 7,124, while the FTSE 250 lost 78 points, 0.3%, to close at 22,697. Sterling traders seem unperturbed by the prospect of the UK economy moving into another period of political uncertainty, as the elections put the SNP’s independence plan back on the agenda, IG Chief Market Analyst Chris Beauchamp wrote. An attritional battle through the courts to decide on the legality of a referendum seems likely, taking some of the shine off the prospects for the UK economy. Nonetheless, with the dollar now finding it harder to rally in the wake of the non-farms repo ....
Follow John on: FTSE 100 lower with Scottish Mortgage trust leading the retreat; Wall Street mixed as Dow crosses 35K Tech shares appear to be out of fashion this week, as the US Nasdaq gave up more than 1% The FTSE 100 down 6 points Tech stocks out of favour Centricafriendless after downbeat trading update 12.05pm: Major diversion among US indices as midday The FTSE 100 ended down 6 points at 7,124, while the FTSE 250 lost 78 points, 0.3%, to close at 22,697. Sterling traders seem unperturbed by the prospect of the UK economy moving into another period of political uncertainty, as the elections put the SNP’s independence plan back on the agenda, IG Chief Market Analyst Chris Beauchamp wrote. An attritional battle through the courts to decide on the legality of a referendum seems likely, taking some of the shine off the prospects for the UK economy. Nonetheless, with the dollar now finding it harder to rally in the wake of the non-farms repo ....
Follow John on: FTSE 100 lower with Scottish Mortgage trust leading the retreat; Wall Street mixed as Dow crosses 35K Tech shares appear to be out of fashion this week, as the US Nasdaq gave up more than 1% The FTSE 100 down 6 points Tech stocks out of favour Centricafriendless after downbeat trading update 12.05pm: Major diversion among US indices as midday The FTSE 100 ended down 6 points at 7,124, while the FTSE 250 lost 78 points, 0.3%, to close at 22,697. Sterling traders seem unperturbed by the prospect of the UK economy moving into another period of political uncertainty, as the elections put the SNP’s independence plan back on the agenda, IG Chief Market Analyst Chris Beauchamp wrote. An attritional battle through the courts to decide on the legality of a referendum seems likely, taking some of the shine off the prospects for the UK economy. Nonetheless, with the dollar now finding it harder to rally in the wake of the non-farms repo ....
Follow John on: A look at some of the major movers in London on Monday Amino Technologies PLC (LON:AMO) fell 5.9% to 151.5p after it revealed it has submitted a bid to acquire the trade and assets of MobiTV. The media technology company said that if it is successful in its bid for MobiTV – a US live and on-demand TV platform provider – would establish a TV as a service (TvaaS) infrastructure capability in the USA for Amino. As well as the purchase cost, the acquisition would require “significant investment” over a 6-12 month period to develop organically. 1.35pm: Superdry co-founder s stake dips below 7% ....