US equities finished higher in another round of fairly quiet trading on Wednesday, underpinned by upbeat economic data out of China and Japan overnight.
The Dow Jones closed up 0.4% and the S&P 500 was up 0.5%. Stocks in Europe moved ahead yesterday, with the FTSE 100 (+0.7%) buoyed by better-than-expected employment numbers. This morning, shares in London opened up (FTSE 100 +0.1%), as the market digests BT's encouraging half year results. The stock moved higher (+4.0%) after the company announced that it hopes to save an extra £500m of costs this year on top of the existing £1bn target. The FTSE Eurofirst 300 opened roughly flat. Previous working day closing figures: Dow Jones: 10,291.26 FTSE All-Share: 2,694.47 FTSE 100: 5,266.7...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
