FTSE 100-listed industrial conglomerate Smiths Group has upgraded revenues guidance for the second time in this financial year. The company now sees annual organic growth of between 6% and 8%, up from 5-7% in November and the 4-6% forecast at the start of the financial year.
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.
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.
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.
Stock futures are higher after this morning's consumer price index (CPI) data, with futures on the Dow up over 500 points
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,
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost ... of U.S. efforts to fulfill the Group of Seven commitment to reduce ...
The FTSE 100 ( ^FTSE) fell 0.4% by the closing bell with JD Sports ( JD.L) the top faller, down 6.5% following a trading update. House builders Persimmon ( PSN.L ), Taylor Wimpey ( TW.L) and Barratt ( BTRW.L) were close to the top of the index.
Share benchmarks in China showed scant reaction, given that the 5% annual growth exactly matched the government's target for “about 5%” growth in 2024. The economy grew 5.4% year-on-year in the October-December quarter.
Stocks navigated another volatile session after Friday's plunge, which wiped out all year-to-date gains for Wall Street's major gauges. A hot December jobs report rattled markets, spurring concern that signs of strength in the economy will encourage the Federal Reserve to keep rates higher for longer.
JD Sports Fashion shares are down sharply after the retailer’s post-Christmas update disappointed the City for a second year in a row.
The FTSE 100 has topped its intraday record high after surging once again on Friday morning. An 83-point gain on Friday morning took the index to a peak of 8,475 and just past its previous all-time intraday record of 8,474, set last May.