Johnson on State Pension

Johnson on State Pension

Boris Johnson makes new commitment to triple lock pension

Read more
Royal Fury

Royal Fury

meltdown after Prince George birthday message exposed

Read more
Man U for the Win

Man U for the Win

Manchester United already know their blueprint to beat Chelsea

Read more
Homepage / Business / FTSE 100 LIVE: Stock markets continue to soar after COVID-19 vaccination hopes
Manchester United evening headlines as Bruno Fernandes in spotlight The latest Covid-19 infection rates across all ten Greater Manchester boroughs James Middleton shares emotional tribute after Kate and William’s family dog Lupo dies Man City evening headlines as Guardiola told to sign a striker Meghan and Harry to ‘fade into background’ as Sussexes ‘confuse celebrity with royalty’ Prince Harry’s brutal boast to Prince William: ‘I can do anything I want!’ Family’s bid to take brave girl with untreatable tumour on dream Disneyland trip West Lothian Council staff report an increase in community litter picks Happy birthday, Kartik Aaryan: Deepika Padukone desires to do a film with the Pyaar Ka Punchnama actor Universal Credit claimants may be able to get £140 off their energy bills this winter Bigg Boss 14, Day 44, Preview: Captain Kavita Kaushik saves Eijaz Khan and nominates Aly Goni for elimination? Bigg Boss 14: Sidharth Shukla topples Weekend Ka Vaar episode with Salman Khan to become the top Sunday trend Royal heartbreak as Prince William and Kate’s beloved family dog Lupo dies Dayot Upamecano makes final transfer decision as Man Utd and Liverpool prepare bid Prince Edward controversy of his Cambridge University place despite poor grades Man Utd set to finally appoint director of football which could lead to Ed Woodward exit State pension age changes: ‘We’ve been pushed into further poverty by covid’ says WASPI Bitcoin price could rocket to ‘$1,000,000’ as big institutions buy directly from miners Jamie Laing wows Strictly Come Dancing judges Dublin make it perfect ten in Leinster with facile beating of Meath on emotional night in Croke Park Donald Trump Will Lose One Of His Twitter Accounts To Joe Biden On Inauguration Day Bigg Boss 14: ‘I have been approached many times on different occasions in this season,’ reveals Rashami Desai Madhur Bhandarkar requests Karan Johar to change the title of his web show, Fabulous Lives Of Bollywood Wives; says, ‘It is Morally and ethically wrong’ Kapil Sharma, Bigg Boss 14, Asim Riaz – here are the TV newsmakers of the week Capital gains tax mapped: One London borough will bear the burden of CGT changes Pension warning: Withdrawals soar due to ‘Bank of Gran and Grandad’ – effects on your pot Drunk Scots gran slashed neighbour in doorstep row and left her scarred for life Care worker sacked after being snared with sick haul of child porn videos Comparison site fined almost £17.9m for keeping cost of home insurance premiums high Brexit boom: Sterling surges against euro and US dollar as hopes rise over trade deal Rishi Sunak task force to ensure UK has ‘most competitive’ financial services in the world Police investigate third Salford shooting this week Luxury hotel in Piccadilly Gardens backed by Ronaldo wins planning approval Wayne Rooney’s Ferguson claim with Man United legend set for managerial debut Roy Keane hails Man Utd star returning ‘in better frame of mind’ after Solskjaer issue ‘Meghan Markle won’t dare come back to London’ as atmosphere would be too much – expert Defiant Queen put foot down after royal bid to block marriage to ‘penniless’ Prince Philip Meghan Markle was ‘head over heels’ in love with ex-husband Trevor Engelson Non-essential retail should be allowed re-open in December, says infectious disease expert Ireland’s mink population to be culled amid Covid-19 fears Man Utd put on red alert as Jadon Sancho tells Borussia Dortmund he wants summer 2021 move Lewis Hamilton’s nightmare lunch meeting with the Queen: ‘Stepped on her dog!’ Top cop’s concerns over weapons crime in Ayrshire Gordon Brown urges Boris Johnson ‘act now’ and announce Christmas covid plans ‘Don’t steal Christmas!’ Boris Johnson urged to add toys to essential retail list Bigg Boss 14: Relief for Salman Khan and family from COVID-19 scare; to shoot Weekend Ka Vaar tomorrow Pension UK: Britons urged to track down lost arrangements – you may find thousands Kaun Banega Crorepati 12 winner Mohita Sharma gets 2 maggi masala sachets in 1 pack; Twitteratis call her lucky ‘Happy 25th Principessa,’ Aadar Jain wishes Tara Sutaria on her special day; Kareena Kapoor Khan and Riddhima Kapoor Sahni also send wishes Senergy’s thermal solar panels front UK green power revolution HMRC warning: ‘Sophisticated’ email scams surge – how to protect yourself Princess Charlotte’s birth changed the line of succession in historic royal rule shake-up Black Tenant Is Repaid £30,000 After Being Wrongly Charged More Rent Than White Neighbour ‘Yeh Baat,’ Sushmita Sen’s reaction on Money Heist actress Itziar Ituno singing Chunari Chunari is priceless Police launch investigation after car goes up in flames in Bothwell Bigg Boss 14, Day 40, Live Updates: Furious Kavita Kaushik pushes Eijaz Khan into a massive fight Lockdown ‘body blow’ for Scottish retail in vital Christmas season Shehnaaz Gill opens up about perfection as she dons shorts in her latest post Winter Fuel Payment 2020: Payment process begins – but some will need to make a claim State Pension UK: Women urged to check if they are owed thousands in back payments FTSE 100 LIVE: Britain’s FTSE plummets on Brexit chaos – easyJet’s £1.7BN warning Barack Obama shares playlist of songs that inspired him during presidency Huawei offloads Honor brand in face of US sanctions Bitcoin to soar to $318,000 by 2021 as expert claims ‘New global economy emerging’ More than 1,000 Covid-19 patients in Greater Manchester have died in second wave Shopper stunned by graphic detail added to B&M Christmas decoration Manchester United have the chance to fix a major issue over the next week Arsenal aim to beat Man Utd to signing to fulfil Pierre-Emerick Aubameyang ‘dream’ POLL: Should Queen reinstate Meghan Markle and Harry’s HRH titles as gesture of goodwill? How Queen’s ‘highly significant move’ swayed public opinion over vaccine Man Utd boss Solskjaer has three dilemmas to solve before end of international break Royal Family LIVE: Charles’ Berlin speech risks breaking protocol and infuriating Queen Prince Charles proposed to his cousin before marrying Princess Diana but was rejected Princess Diana had to pass ‘test’ with ‘flying colours’ before marrying Prince Charles Fire crews at Greenock Art Guild battling huge blaze Boris Johnson self-isolates after coming into contact with Covid-19 case Kangana Ranaut gives a pahadi twist to her saree and dances her heart out to Kangari music at her brother’s wedding — watch video Taimur Ali Khan yells, ‘No photo,’ while strolling with dad Saif Ali Khan and mommy Kareena Kapoor in Dharamshala — watch video Virat Kohli reminded of his fireworks celebration with Anushka Sharma and RCB after he requests people to not burst crackers — read tweets PIP decision appeal: How to appeal a PIP decision – explained Addmaster aids Asda push for more hygienic trolleys The I’m A Celebrity Campmates’ Arrival At The Castle Looks Suitably Terrifying Cold Weather Payment 2020: Online tool shows whether you’re set to get a £25 payment Bitcoin surge escalates as market ‘recognises it’s superior to gold as a store of value’ Meath GAA legend Graham Geraghty returns home from hospital after serious illness Stephen Kenny defends Republic of Ireland mentality ahead of crucial Wales clash Diwali 2020: Let Sonakshi Sinha, Kriti Sanon, Sonam Kapoor teach you how to dazzle during the festival Ranveer Singh has the cutest wish for his ‘Gudiya’, Deepika Padukone on their second wedding anniversary — view post Martin Lewis explains how borrowers can reclaim thousands for mis-sold loans Hillhouse gathers to wish community stalwart well on his retirement from McColl’s Kind-hearted Glengowan Primary pupils donate to Clyde, Avon and Nethan Foodbank Diwali 2020: Guys, let Rajkummar Rao, Ranveer Singh help you get festival-ready SEISS: Self-employed forced to use £20k of personal savings to survive – changes needed ITV warns over hit on advertisement revenue from second lockdown Meghan Markle and Prince Harry announce new press team as couple kick-start future plans Woman dead after hit-and-run involving Audi – police issue urgent appeal BBC Children in Need line-up tonight on 40th anniversary show Emotional scenes as dozens honour ex-Man City academy player Jeremy Wisten Jadon Sancho issues blunt response to Manchester United transfer speculation Meghan Markle and Prince Harry ‘broke royal tradition installed by Queen Victoria’

Business

FTSE 100 LIVE: Stock markets continue to soar after COVID-19 vaccination hopes

On Monday preliminary results from a new vaccine produced by Pfizer and BioNTech found it can prevent 90 percent of people from catching COVID-19. The companies are seeking emergency approval to begin administering the vaccination at the end of the month.

Positive vaccination news has helped mitigate the market impact of rising coronavirus cases in Europe and North America.

By 6am UK time the Japanese Nikkei 225 had risen by 1.75 points.

Rodrigo Catril, a strategist at the National Australia Bank, said: “A rotation theme remains evident in equity markets.

“Big tech, which has benefited from our virus-driven change in behaviour, is now falling out of favour while small-cap stocks and those that have been most affected by social distancing restrictions have outperformed.”

In the US the blue-chip Dow Jones, with a strong representation of industrial shares, is up this week by nearly 4 percent.

However the more tech-dominated Nasdaq has lost almost the same amount.

On Monday nearly $2trillion (£1.5trillion) changed hands in one of the busiest days of trading since the coronavirus pandemic struck.

FOLLOW BELOW FOR LIVE UPDATES FROM EXPRESS.CO.UK

5.40pm update: Expert comments on FTSE jump

Michael Hewson, chief market analyst at CMC Markets, wrote in a note: ”This week’s news on a vaccine, while welcome, does not change the fact that France, Germany and the UK are still in the middle of partial economic lockdowns.

“However, for now markets appear content to ignore this and are focusing on the potential green pastures of a post-pandemic world, with a workable vaccine.”

5.00pm update: FTSE-100 closed

The FTSE-100 index at the close was up 85.25 at 6382.10.

The FTSE Mid-250 index closed up 311.85 at 19340.19.

3.20pm update: US Nasdaq opens with morning rebound

The tech-skewed Nasdaq advanced nearly 1.5%, while technology mega-caps including Netflix Inc, Amazon.com Inc and Facebook Inc, the so-called stay-at-home winners, also gained between 1% and 2%.

The tech index climbed 1.6%, the most among major S&P sectors, followed by the consumer discretionary index .

At 9.52 am ET (2.52pm GMT) the Dow Jones Industrial Average also rose 81.21 points or 0.28% to 29,502.13 and the S&P 500 gained 23.46 points or 0.66% to 3,568.99.

2.45pm update: FTSE dips slightly again

The FTSE-100 index at 2.45pm was up 54.28 at 6351.13, slight down from 1.45pm

2pm update: US stock indexes set to jump amid economic hopes of a vaccine

Wall Street’s main indexes are forecast to open higher today as signs of a working COVID-19 vaccine raised hopes of a faster-than-expected economic rebound.

Technology stocks have also expected to see a bounce back from steep losses this week.

Nasdaq 100 futures were up more than 1%, while technology mega-caps including Netflix Inc, Amazon.com Inc and Facebook Inc, the so-called stay-at-home winners, also gained about 1% in premarket trading.

Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas said: ”It will be a long time before we can get a sizeable part of the population inoculated with the vaccine… but it does speak to a slightly brighter future.”

1.45pm update: FTSE dips slightly

The FTSE-100 index at 1.45pm was up 55.95 at 6352.80, dipping slightly from 12.45pm.

12.45pm update: FTSE latest

The FTSE-100 index at 12:45pm was up 59.82 at 6356.67.

12.00pm update: Vaccine news sparks currency chaos

The U.S. dollar rose on Wednesday as optimism about a potential coronavirus vaccine was offset by worries about how the drug will be delivered and by a surge of new infections in the United States.

The New Zealand dollar soared to its strongest in a year and a half as traders scaled back bets that the central bank would move to negative interest rates.

Other riskier currencies, like the Norwegian crown and the Australian dollar, also fell against the safe-haven greenback.

“People are taking a little more prescripted approach to the vaccine. The news is undoubtedly positive, but of course, we need to delve into the detail and think about the ramifications of the whole process,” said Jeremy Stretch, head of G10 FX strategy at CIBC Capital Markets.

11.45am update: FTSE latest

The FTSE-100 index at 11:45am was up 46.15 at 6343.00.

11am update: Virgin Atlantic issues positive briefing

Virgin Atlantic’s 1.2 billion pound ($1.6 billion) rescue deal two months ago means the airline can survive even if the travel situation worsens, its chief executive told an airline industry event on Wednesday.

International travel remains at very low levels and a surge of coronavirus cases in the last two months has prompted further restrictions, dealing Virgin a new blow just after it stabilised its financial position in September.

A new lockdown in England and accompanying travel ban added to Virgin’s difficulties in its main UK to North America market, where a U.S. bar on most arrivals from the UK and Europe is still in place.

CEO Shai Weiss said Virgin would survive and that its downside case was for normalised UK to U.S. travel to resume next spring.

“The recapitalisation, with the support of our shareholders and new investors and everything that I’ve mentioned, should see us through, even under more strenuous positions,” he told an online conference.

9.15am update: FTSE latest

The FTSE-100 index at 9:15am was up 19.63 at 6316.48.

9.00am update: Currency latest

The pound at 9am was 1.3278 dollars compared to 1.3234 dollars at the previous close.

The euro at 9am was 0.8876 pounds compared to 0.8925 pounds at the previous close.

8.00am update: Wetherspoon boss lashes out at lockdown rules

JD Wetherspoon boss Tim Martin has lashed out at “baffling and confusing” coronavirus restrictions as the pub chain revealed that England’s second national lockdown will cost it around £14 million.

Mr Martin’s latest attack on government measures came as Wetherspoon reported a 27.6% plunge in first-quarter sales for the 15 weeks to November 8 following the introduction of the 10pm curfew.

It added it will burn through around £14 million while its pubs are forced to close in the second lockdown.

Mr Martin, who is chairman of Wetherspoon, said: “For any pub or restaurant company trading in different parts of the UK, and for customers generally, the constantly changing national and local regulations, combined with geographical areas moving from one tier to another in the different jurisdictions, are baffling and confusing.”

Post a Comment