The FTSE 100 index UKX, +0.26% ended up 0.3% at 7,454.37, according to FactSet, surpassing its previous record close notched on Friday. Oil and gas shares have a 14% weighting on the FTSE 100, according to FactSet. The shares of the oil producers rose along with Brent and U.S. crude …
Read More »BP shares rose 1.7 per cent after the oil major’s profit
Strong earnings have helped push shares higher across the globe this year. Investors were looking ahead to earnings from Apple , whose shares – along with those of other major tech companies – hit record highs on Monday. BP shares rose 1.7 per cent after the oil major’s first-quarter profit …
Read More »Brent crude oil futures plunged 2.41 dollar or 4.75 percent
Brent crude oil futures plunged 2.41 dollar or 4.75 percent to close at USD 48.38 a barrel at NYMEX. June WTI crude rose 70 cents, or 1.5%, to settle $46.22 a barrel on the New York Mercantile Exchange. Rosneft PJSC, Russia’s largest oil producer, said first-quarter profit climbed 8.3 percent …
Read More »Oil prices rebounded from five-month lows on Friday
Oil futures slumped to a five-month low overnight before mounting a recovery on Friday (5 May), after Saudi Arabia’s Opec governor claimed major oil producers were converging on the need to extend production cuts beyond June. “So, beyond a short-term movement it is difficult to predict the likely direction of …
Read More »Oils and banks falls lower before 15-month highs
[LONDON] European shares retreated slightly from 15-month highs on Monday with lower crude prices weighing on oil stocks and Deutsche Bank dragging banks lower one day before the start of its 8 billion-euro cash call. Elsewhere, Vodafone shares closed down 0.4 per cent after news that Vodafone and India’s Idea …
Read More »Europe: Shares edge higher, Britain’s FTSE hits new peak, Stocks
collected by :Tod Hinery follow the latest news of shares from different sites most famous technicals / by 2017-01-07 at 2:15 as mentioned in Europe: Shares rally as FTSE starts 2017 by setting record high, Stocks */ – [LONDON] Strength in financials and commodity-related stocks continued to underpin European equity …
Read More »What Happened in the Stock Market Today
collected by :Dicson Walt follow the latest news about stock market from different sites most famous technicals /George Putnam by 2017-01-06 at 4:32 according to Stock Market Recap And Forecast – SPDR S&P 500 Trust ETF (NYSEARCA:SPY) */ – In like a lion, out like a (different) lion.That pretty much …
Read More »Is the stock market overpriced?
collected by :Dicson Walt follow the latest news about stock market from different sites most famous technicals /William Droms by 2017-01-05 at 16:27 according to Is the stock market overpriced? */ – William G. Droms is the co-founder and co-chairman of Droms Strauss Advisors, Inc., a Registered Investment Advisor that …
Read More »European shares ease as miners, banks fall
collected by :Tod Hinery follow the latest news of shares from different sites most famous technicals / by 2016-12-31 at 18:58 As it stated in Dollar retreats from 14-year high, banks drag Europe shares lower */ – LONDON: The dollar eased from 14-year highs on Wednesday, giving back some of …
Read More »The Search For ‘Good News’ To Sustain The Stock Market Continues :seekingalpha
The Search For ‘Good News’ To Sustain The Stock Market Continues */ – Combine these two along with the financial engineering of corporations, more debt, higher dividend payments, and stock buybacks, and you have a case for higher stock prices.Edward Yardeni feels that corporate earnings should not fall further and …
Read More »