Stock Market Indices Head for the Stars
The FTSE 100 has been trading as high as 6906, not a million miles away from the all time highs.
Nikkei 225 is not far off 8 year highs.
Dow Jones (Wall St) is trading at all time highs.
Are there any buyers left?
Quick Market Update on the Reaction to ‘Noooo’ Vote
(Sorry, we’ll stop using that joke, and shocking stereotype, soon).
Up for Alibaba, Down for Tesco
Despite a strong IPO for Alibaba, tech stocks weighed in the US as Oracle and Yahoo slipped, though the Dow did manage to close higher.
Tesco has fallen by 10% this morning after revealing that it mistakenly overstated first half profits by £250m.
Carnival Promote from Within on Hopes for the Future
The cruise line operator believes it is set to benefit from an increasingly mobile retired population, promoting many of its executive staff.
Another Profit Warning Sees Tesco Drop to 11 Year Low
With the supermarket giant continuing to struggle, IG takes a look at the accounting error which has seen another leg down in the share price.