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Stocks Boosted by Lower Oil Price and Tech Rally
Oil prices fell and technology shares rebounded as hopes for US-Iran talks eased geopolitical risk and lifted London stocks, with the FTSE 100 up 0.3%.
Summary by The Independent
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The Independent
Stocks boosted by lower oil price and tech rally
The FTSE 100 Index closed up 0.3% at 10,761.33.
FTSE 100 Forecast: Can 10,730 Hold Before the BoE?
The FTSE 100 ended Monday at 10,767.22, up 0.35%, which isn’t bad given that oil dropped hard and energy stocks took a beating. Banks, defence names and the drugmakers made up the difference. If you’ve read our latest FTSE 100 technical analysis, you’ll know the index keeps running into the same wall. The chart shows exactly were. Figure 1: FTSE 100 key-level map in navy and red, built from published closes and levels (illustrative, not a live f…
Coverage Details
Total News Sources4
Leaning Left1Leaning Right0Center1Last Updated50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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