FTSE 100 opens with gains; shares rise

Source Investing

Investing.com – U.K. equities started with gains in all sectors on Thursday. The top risers are Automobiles & Parts, Beverages, Industrial Metals & Mining and Personal Goods.

FTSE 350 - Automobiles & Parts, 12.09.24

At the market open in London, the FTSE 100 Index climbed 1.09%. The FTSE 250 Index and the FTSE 350 Index also rose. The FTSE 250 increased 0.74%, while the FTSE 350 was up by 1.19%.

Top Gainers:

  • Antofagasta (LON:ANTO): Climbed 2.67% or 45.00 points to 1,731.00
  • Scottish Mortgage (LON:SMT): Rose 3.08% or 24.47 points to 818.87
  • Intermediate Capital (LON:ICGIN): Increased 3.07% or 66.00 points to 2,218.00

Top Losers:

  • M&G PLC (LON:MNG): Dropped 2.34% or 4.90 points to 204.20
  • British American Tobacco (LON:BATS): Declined 0.40% or 12.0 points to 2,972.0
  • Severn Trent (LON:SVT): Fell 0.30% or 8.0 points to 2,682.0

In Commodities Trading:

  • Gold Futures for December delivery climbed 0.15 points to 2,542.55 a troy ounce.
  • Crude Oil for October delivery rose 0.85 points to 68.16 a barrel.
  • November Brent Oil Contract increased 1.32% or 0.93 points to 71.54 a barrel.

Currency Markets:

  • GBP/USD is traded at 1.3045.
  • EUR/GBP is at 0.84.
  • The US Dollar Index Futures was up 0.15% at 101.807.

Main Economic Events:

Today's economic calendar is calm today with only BoE’s Breeden speaks and IPSOS PCSI data coming.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
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A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
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The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
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Silver has climbed back above $64 an ounce for the first time this week, leading a broad rebound across precious metals hours before the Federal Reserve delivers what is expected to be its first rate hike since 2023. Spot silver was last at $64.64, up 1.49% on the day, while gold reclaimed $4,300 and platinum and palladium both advanced. The question now is whether the bounce is a genuine turn — or a pause before the Fed's dot plot decides the next move.
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Dow drops 631 points as the Fed hikes — but futures are rebounding: what's next for US stocks?The Dow fell 631 points and the S&P 500 closed below 7,600 after the Fed hiked rates for the first time since 2023, with the dot plot showing 16 of 18 officials expect more tightening. Asia-session futures are already recovering — here are the levels and analyst views that decide whether 7,500 holds.
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Author  Irene Q.
8 hours ago
The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.
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