US EditionWall Street stocks surge after UK-US trade deal while FTSE 100 wavers
- US stock markets surged on May 9, 2024, following the announcement of a UK-US trade deal, while London's FTSE 100 dipped at close in London.
- The removal of steel tariffs under the new trade agreement supported gains in certain UK industrial shares, while the FTSE 100 was also influenced by the Bank of England’s decision to lower interest rates to 4.25%.
- Melrose Industries and Rolls-Royce led FTSE 100 gains on tariff removal, whereas Centrica, AstraZeneca, Airtel Africa, Severn Trent, and Land Securities were among the biggest fallers.
- Bank of England Governor Andrew Bailey welcomed the deal as reducing uncertainty and hoped it would be the first of many, while sterling rose about 0.4% against the euro and Brent crude jumped 3%.
- The deal improved market sentiment in the US and Europe but FTSE 100’s slight fall reflected mixed reactions to the trade agreement and the interest rate cut amid global trade concerns.
12 Articles
12 Articles
Wall Street: Το deal ΗΠΑ-Βρετανίας έφερε κέρδη στους δείκτες – Πρωταγωνιστής ο Nasdaq
Οι επενδυτές ελπίζουν πως θα ακολουθήσουν κι άλλες εμπορικές συμφωνίες, κυρίως με την Κίνα - Όμως, θα συνεχίσουν να κινούνται προσεκτικά αναμένοντας την έκβαση των διαπραγματεύσεων - Περιορίστηκαν οι εκτιμήσεις για τις επόμενες περικοπές των επιτοκίων από τη Fed
Festive mood on Wall Street after US-UK deal, AEX above 900 points
The American stock market indices are posting nice gains, mainly thanks to the trade deal concluded between the US and the UK. AEX closed above 900 points for the first time in a month and a half, to which heavyweight ASML made a significant contribution. The small caps Pharming and AMG provided fireworks thanks to their better-than-expected quarterly figures.
The Independent
The Independent (US)FTSE 100 wavers but Wall Street stocks surge after UK-US trade deal
Governor Andrew Bailey stressed that the UK is an ‘open economy’ and would face a potential impact
Wall Street concludes US-UK trade agreement: Nasdaq rises 0.59%
The equity markets around the world profile to record a day of profit, as risk aversion decreases thanks to expectations about seeing greater trade agreements between the United States and other countries.On Wall Street the negotiations place the Nasdaq with an increase of 0.59 percent, at 17 thousand 842.40 points, followed by the Dow Jones who earns 0.45 percent, at 41 thousand 297.29 integers, and the S&P 500 with 0.40 percent more, headed to…
The ADRs scale up to 7.5% on Wall Street and S&P Merval in dollars plays a maximum in two weeks
On Thursday the equities scored earnings of up to 9% on Wall Street, while the fixed income also operated upwards. It happened after a commercial rapprochement between the US and the UK.
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