FTSE

47 Mins AgoEurope stocks open higherEuropean stocks opened Monday higher, though sector and stock gains were cautious. France's CAC 40 index gained 0.4%, while Germany's DAX was up 0.3% and the U.K.'s FTSE 100 was flat.See Chart...Stoxx…

9.28am GMT 09:28…

Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. It could be a volatile day in the Turkish financial markets, after president Recep Tayyip Erdoğan…

The dividend yield on the S&P 500 is estimated to be around 1.5%, close to what the 10-year bond is paying. So, if bond yields continue to rise, this could be bad news for stocks, as yield-seeking investors could make equally good…

Cash levels in investment portfolios have hit the lowest since just before the so-called taper tantrum of 2013, according to Bank of America’s February fund manager survey, which also showed investors to be overwhelmingly bullish on the…

12.24pm GMT12:24 The US dollar has dipped broadly in the markets, hitting a two-week low against a basket of currencies. Optimism about COVID-19 vaccine rollouts, and the prospect of more US stimulus measures, pushed…

10.24am EDT10:24 Electric truck maker Nikola is bucking today’s selloff, with its shares surging 40% after it teamed up with General Motors. The two firms have formed a strategic partnership, under which GM takes an 11% stake…

Marks & Spencer – 7,000 jobs18 August: Food, clothing and homewares retailer cuts jobs in central support centre, regional management and stores. M&Co – 400 jobs5 August: M&Co, the Renfrewshire-based clothing retailer,…