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FTSE 100 gives up some gains amid slower start on Wall Street


FTSE 100 reaches day s high but Wall Street struggles for direction
Companies
FTSE 100 reaches day s high but Wall Street struggles for direction
The UK blue chip index in positive territory but Dow falls while Nasdaq edges higher
FTSE 100 rises 33 points
Mixed performance from US stocks
Royal rat-catcher Rentokil slips on EU warning
3.50pm: Mixed bag of risers
The FTSE 100 is at its highs for the day although to be honest, that is not saying much.
The blue chip index is currently 33.07 points or 0.48% better at 6928.36 despite the fall on the Dow Jones Industrial Average, down 128 points or 0.38%. Given Wednesday s surge the decline is not really surprising, with a little profit taking setting in. Meanwhile the S&P 500 is virtually flat, down 0.07% and the Nasdaq Composite has edged 0.26% higher. ....

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Wall Street has the rug pulled out by report that Biden is planning capital gains tax hike


Wall Street has the rug pulled out by report that Biden is planning capital gains tax hike
Stocks were steadily improving until a sudden drop in the afternoon
4:20pm: Biden could raise capital gains top marginal rate to 39.6%
The Dow swooned in afternoon trading, shedding 321 points, 0.9%, to close at 33,816. The Nasdaq fell 132 points, 0.9%, to 13,818, and the S&P 500 dipped 38 points, 0.9%, to 4,135.
Traders reacted harshly to a report from Bloomberg News that President Biden plans to propose raising the capital gains tax rate for those earning more than $1 million to 39.6%, up from 20%.
12:30pm: Southwest gains on promising results
The Dow improved from an early deficit of more than 175 points, but was still down 47, 0.1%, at midday. The Nasdaq Composite crossed the flatline to gain 40 points, 0.3%, and the S&P 500 picked up almost 2 points to 4,175. ....

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Wall Street opens in the red despite fall in jobless claims


Wall Street opens in the red despite fall in jobless claims
Markets in New York slipped into negative territory in the first minutes of trading, seemingly ignoring jobless claims dropping to their lowest level since March 14
9.45am: Proactive North America headlines:
Alternus Energy Group PLC (NOTC:ALT) bolsters executive team by appointing industry veteran Gary Swan as CTO
Revive Therapeutics Ltd (CSE:RVV) (OTCMKTS:RVVTF) (FRA:31R) files US provisional patent application for oral thin-film psilocybin product following research study
Marble Financial Inc (CSE:MRBL) (OTCMKTS:MRBLF) (FRA:2V0) launches affiliate marketing program with Fintel Connect to reach more Canadian consumers ....

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FTSE 100 reaches day's high but Wall Street struggles for direction

FTSE 100 reaches day's high but Wall Street struggles for direction
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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