Market Report: Calm Descends on Black Friday as Investors Hope for a Glimpse of Santa

Calm descends on Black Friday as investors hope for a glimpse of Santa

As the FTSE builds on recent rally, investors digest the impacts of this week’s Budget as well as Black Friday today and the US market gears up for a return following the Thanksgiving holiday, there is plenty for market watchers to think about heading into the weekend. Derren Nathan, head of equity research, Hargreaves Lansdown has shared with us his morning round up looking at the day ahead saying: “The FTSE opened up around 0.25% this morning,…

Market Report: Calm descends on Black Friday as investors hope for a glimpse of Santa

FTSE builds on recent rally. Resilient trading at Mitchells & Butlers. Shares up 8%. UK shoppers expected to spend £6.4bn today. US futures up ahead of return from Thanksgiving Brent Crude prices head for fourth monthly loss. Derren Nathan, head of equity research, Hargreaves Lansdown: “The FTSE opened up around 0.25% this morning, taking it about 2% higher than when the week started, with the Chancellor delivering what was widely seen as a fisc…