new-recommended-broker-banner new-recommended-broker-banner
Live reporting

Stock Market Live Updates 29/10 – The FTSE 100 Closes Flat

1 month ago

As it happens:

Latest20:05
US Indices Close Higher

A positive end to the day on Wall Street…

DOW          +0.53%

S&P            +1.17%

NASDAQ  +1.64%

19:43
Netflix Shares Spike

Netflix shares spiked after the company raised the price of its standard and premium plans to $13.99 and $17.99 per month from $12.99 and $15 respectively.

Its share price is currently up 4.78% at $509.70.

17:14
US Stock Gainers

Universal Security Instruments +67%

Polar Power +40%

MediaAlpha +34%

Rekor Systems +34%

Inphi Corp +29%

16:42
European Markets Mixed

FTSE 100     +0.01%

DAX              +0.24%

STOXX 50   -0.19%

IBEX 35       -0.93%

CAC 40        -0.03%

15:26
Exxon Mobil

Exxon Mobil plans to slash its global workforce by 15% meaning up to 1,900 jobs across the US could go.

13:38
US Indices Mixed

DOW         -0.45%

S&P           +0.02%

NASDAQ  +0.46%

12:37
US GDP 33.1%

US GDP Q3 QoQ

Previous: 33.1%

Estimate: 30%

Actual: 33.1%

08:52
Shell Increases Dividend

Royal Dutch Shell reported better than expected Q3 earnings and has announced plans to raise its dividend.

The company reported adjusted earnings of $955 million compared to a net profit of $4.77 billion in 2019 with adjusted earnings of $638 million.

Shell revealed it will raise its dividend by approximately 4% for Q3 2020 and annually going forward.

08:08
European Indices Higher

FTSE 100    +0.33%

DAX             +0.66%

STOXX 50  +0.50%

IBEX 35      +0.33%

CAC 40        +0.52%

07:55
Preview

Good morning…

-APAC equity markets followed Wall Street, trading mostly lower, although the majority of Chinese bourses traded positively

-The BoJ kept interest rates on hold

-Regeneron’s COVID-19 outpatient trial prospectively demonstrates that its REGN-COV2 antibody cocktail significantly reduced virus levels and need for further medical attention. Regeneron shares are up 2.29% after-hours

-Twitter and Facebook stock jumped after-hours following Pinterest’s huge earnings beat. Pinterest shares rallied 31% to $64.90

-On the economic calendar today we have German unemployment, EZ consumer confidence, US GDP and initial jobless claims, and the ECB’s interest rate decision

-Its a big day for earnings with Shopify, Nokia, Moderna, Spotify, Activision Blizzard, Apple, Amazon, Facebook, Twitter, and Alphabet all reporting along with a host of other companies