A gloomy survey of UK consumer confidence today revealed people are thinking more about saving money as they prepare for “dark days ahead”. GfK’s long-running consumer barometer fell five points to minus 22, with all five measures that make up the headline score lower in the month.
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U.S. stocks traded sharply higher in Wednesday's final hour of trading, with the Dow Jones Industrial Average and S&P 500 headed for a third consecutive session of gains after December's CPI data sparked a relief rally.
US stocks rose sharply on Thursday as newly-installed President Donald Trump said he would demand the Federal Reserve lower interest rates and commented that interest rates all over
S&P Global's flash composite purchasing managers' index fell to 52.4 points in January, from December's final tally of 55.4. The reading, closer to the 50.0 mark which separates growth from decline, was the weakest in nine months.
Currys has raised profit guidance and pledged to resume dividend payments after the retailer reported a strong festive performance today. An improved balance sheet means the company expects to resume dividend payments with a distribution of 1.
Stock futures are higher after this morning's consumer price index (CPI) data, with futures on the Dow up over 500 points
Associated British Foods today cut its Primark sales growth forecast after the chain’s UK operation endured a difficult end to 2024. UK sales in the 16 weeks to 4 January declined 4%, with the like-for-like figure down 6.
Futures on the Dow Jones Industrial Average (DJI) are pointed firmly lower, following yesterday's 703-point pop, while S&P 500 Index (SPX) futures sit flat, and Nasdaq-100 Index (NDX) futures manage a modest gain.
Recruitment firm Page Group expects 2024 operating profit towards the lower end of the current market consensus range of £49 million to £58.5 million. Gross profit fell 17.2% to £196.7 million in the three months,
U.S. stocks and the dollar retreated on Friday, as the first week of the second term of the Donald Trump presidency came to an end.