Market Report - Midday
London midday: Stocks up but gains muted ahead of US inflation data
London stocks were still higher by midday on Friday following an upward revision to UK GDP figures, but gains were unspectacular as investors looked ahead to key US inflation data.
London midday: Stocks push higher as investors eye US data
London stocks had extended gains by midday on Thursday as investors shifted their attention to upcoming US data releases.
London midday: Stocks push higher; Next fails to impress
London stocks had extended gains by midday on Wednesday as worries about the banking sector continued to recede, but Next was under the cosh as it struck a cautious note on its outlook.
London midday: FTSE pares gains; food inflation in focus
London stocks had pared gains by midday on Tuesday, having opened firmly in the black as worries about the banking sector continued to ease, with two separate surveys showing a surge in food inflation.
London midday: Stocks maintain gains as banks recover
London stocks were still in the black by midday on Monday as worries about the banking sector subsided.
London midday: FTSE tumbles as banking fears return to haunt markets
London stocks had tumbled by midday on Friday, with banks under the cosh as worries about the European banking sector came back to haunt markets.
London midday: FTSE stays down as BoE hikes by 25 basis points
London stocks were still in the red by midday on Thursday after the Bank of England hiked rates by 25 basis points to 4. 25%, as expected, in the face of rising inflation.
London midday: Stocks pare losses despite inflation jump
London stocks were steady by midday on Wednesday, paring earlier losses as banks continued to recover, despite an unexpected jump in consumer price inflation that puts pressure on the Bank of England to hike rates.
London midday: FTSE extends gains as banking shares recover
London stocks had extended gains by midday on Tuesday as a sense of calm returned to markets following recent turmoil in the banking sector, with all eyes on upcoming rate decisions from the Federal Reserve, Bank of England and Swiss National Bank.
London midday: Stocks recover some poise after Credit Suisse takeover
London stocks were up by midday on Monday, recovering some poise after a downbeat start, as investors mulled the implications of Credit Suisse’s takeover by UBS.
London midday: Stocks pare gains as Credit Suisse resumes slide
London stocks had pared gains by midday on Friday as initial relief over a rescue of US bank First Republic waned, while Credit Suisse resumed its slide.
London midday: FTSE stays up after Credit Suisse bailout
London stocks were still in the black by midday on Thursday following a heavy selloff in the previous session, as bank shares recovered after Credit Suisse took a loan from the Swiss National Bank.
London midday: Stocks crumble as Credit Suisse woes rattle markets
London stocks had crumbled by midday on Wednesday as worries about the banking sector intensified after a top Credit Suisse shareholder said it would not provide the troubled lender with any further financial assistance.
London midday: Stocks pare losses as calm returns to markets
London stocks had pared earlier losses to trade flat by midday on Tuesday, having sold off heavily in the previous session amid concerns about the fallout from the collapse of Silicon Valley Bank.
London midday: Banks pace decline as stocks tumble on SVB woes
London stocks had tumbled by midday on Monday, with banks under the cosh again as the fallout from the collapse of Silicon Valley Bank continued to rattle markets.
London midday: Banks pace decline after Wall St selloff
London stocks were still firmly in the red by midday on Friday, with banks tracking a selloff on Wall Street, as investors mulled better-than-expected UK GDP data and looked ahead to the release of the non-farm payrolls report.
London midday: Stocks stay down rate hike woes
London stocks were still down by midday on Thursday amid another deluge of earnings, as rate hike concerns weighed on sentiment after US Federal Reserve chair Jerome Powell’s congressional testimony.
London midday: Stocks flat as investors mull Powell comments
London stocks had pared earlier losses to trade flat by midday on Wednesday, as investors sifted through a raft of corporate news and continued to mull a hawkish testimony from Federal Reserve chair Jerome Powell.
London midday: FTSE edges higher ahead of Powell testimony
London stocks had edged higher by midday on Tuesday as investors eyed a testimony by US Federal Reserve chair Jerome Powell.
London midday: Miners pace the decline on China growth target
London stocks were in the red by midday on Monday, with miners pacing the decline after China set a weaker-than-expected growth target, as investors looked to a speech by US Federal Reserve chair Jerome Powell and the non-farm payrolls this week.