The latest updates on the FTSE 100 and London’s financial markets from City A.M.’s newsroom in the heart of the City of London.
Overnight, the Dow Jones Industrial Average saw a slight decrease of 0.03 per cent, while the S&P 500 declined marginally by 0.04 per cent. Conversely, the Nasdaq Composite showed a modest uptick of 0.03 per cent.
Among the S&P 500 sectors, six ended lower, with energy stocks bearing the brunt, while real estate witnessed notable gains. Cryptocurrency-related stocks like Coinbase Global and MicroStrategy also performed well.
Tesla’s shares surged by 4.9 per cent following CEO Elon Musk’s announcement of plans for a self-driving Robotaxi.
In Asian markets, Hong Kong’s stock market led gains with a 1.1 per cent rise. However, mainland China’s CSI 300 remained relatively unchanged, dropping by 0.3 per cent.
Oil prices rose as hopes for a Middle East ceasefire faded. Brent crude reached $90.57 per…
