London's FTSE 100 enjoyed a material recovery in afternoon trading to close Monday's session up 0.6% at 7,062.29 points, while the more domestically-focused FTSE 250 ended 0.6% higher at 22,457.1.This followed a positive start to trading in the US, where the S&P 500 rose 1.2% to 4,217.48 by 4.30pm UK time as concerns surrounding the US Federal Reserve's accelerated rate rise timetable...

The FTSE 100 was broadly flat at lunchtime on Monday, nudging above the 7,000 mark as the fall-out from last week's US Federal Reserve meeting and brought forward rate hike guidance continued.Most commentators had pencilled in 2023 or even 2024 for the re-evaluation of rates alongside the tapering of monetary support but Federal Reserve official James Bullard, has said that a rise in borrowing...

The UK's major shares fell in early trade as investors worldwide react to a Fed-led market wobble as worries re-emerge that the US Fed may speed up interest rate rise plans to combat inflationary pressure. Supermarkets were also front a centre with Morrison's (MRW) jumping after the group rebuffed a buyout offer over the weekend.Most commentators had pencilled in 2023 or even 2024 for the...

UK stock markets lost their modest early gains on Monday as investors continued to mull the damage the coronavirus pandemic is having on the global economy and company earnings.While the benchmark FTSE 100 nudged 0.5% higher in early deals, that positive momentum proved short-lived, with the UK's leading index falling 0.9% into the red at 5,737.31.The more domestic facing FTSE 250 saw a...

Strong commodity prices helped the FTSE 100 shake off a weak trading session in Asia overnight to trade modestly higher at 7,561.49 this morning. Mining and oil and gas stocks were higher as crude moved to a two-year high amid a political crackdown by major producer Saudi Arabia.Drug developer BTG (BTG) slumps 5.6% to 735p as it confirms a £53.5m hit from a legal dispute with Wellstat...