Archive for Tag: Latest Stock market outlook

Market Outlook

Oil prices steady as Omicron worries linger

Brent Oil was trading 1.09%down at $72.28. Oil prices steadied on Tuesday after a sharp fall in the previous session as investors worried about the rapid spread of the Omicron coronavirus variant and the impact of renewed restrictions on fuel demand. Brent Crudewas down 8 cents, or 0.1%, at...

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Oil gains as risk of Iran supply resumption recedes

Brent Crudewas trading 0.80% up at $73.44. Oil prices rose on Tuesday, with Brent gaining for a fourth consecutive session, as the prospect of extra supply coming to the market soon from Iran faded with talks dragging on over the United States rejoining a nuclear agreement with Tehran. Brent...

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Marks & Spencer shares surge in otherwise sluggish London market

London stocks were generally lower on Wednesday, with heavily weighted HSBC dragging the index lower, along with British Land, though Marks & Spencer was a bright spot after well-received results. The FTSE 100 index dipped 0.1% to 7,019.67, while the yield on 10-year U.K. gilts fell 3 basis points...

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