Stocks recover after Wednesday’s losses

London stocks rose in early trade on Thursday, recovering from losses in the previous session, when worries about rising inflation and a crypto crash sent markets tumbling.

At 0850 BST, the FTSE 100 was up 0.5% at 6,981.94.

Neil Wilson, chief market analyst at, said: “Markets in Europe have opened broadly higher this morning as they recover some of the losses from the swathe of selling on Wednesday, whilst the Federal Reserve underscored it’s in no rush to tighten monetary policy, minutes from its April meeting showed.

“Focus remains on the broader pace of inflationary pressures and recovery in the US with the weekly unemployment claims data (f/c +453k) and the Philly Fed manufacturing index. Iron ore and other industrial commodities linked to steel making feel as China said it would step in to curb rampant prices, though copper is rallying this morning. Focus also remains on the volatile crypto space after a dramatic day.”

Jarvis Investment Management Ltd offers a wide range of stockbroking and administration services and solutions. Their parent company, Jarvis Securities plc (LON:JIM) is listed on AIM.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Share on twitter
Share on linkedin
Jarvis Securities

More articles like this

Jarvis Securities

Stocks nudge up as housebuilders rally

London equity markets nudged higher in early trade on Monday, with strength in the housebuilding sector helping to offset weakness in mining stocks after disappointing Chinese data. At 0900 BST, the FTSE 100 was up 0.2% at 7,082.89.

Jarvis Securities

Stocks edge higher in quiet trade

London stocks edged higher in early trade on Wednesday but markets lacked any real direction, with many traders away from their desks for the half-term holiday. At 0850 BST, the FTSE 100 was 0.4% higher at 7,105.56. Spreadex analyst

Jarvis Securities

Stocks seen up as investors mull borrowing figures

London stocks were set for a firmer open on Tuesday following positive sessions in the US and Asia. The FTSE 100 was called to open 12 points higher at 7,064. Investors were digesting the latest figures from the Office

Jarvis Securities

Stocks rise as inflation fears ease

London stocks rose in early trade on Friday following a solid session on Wall Street, as worries about inflation eased. At 0840 BST, the FTSE 100 was up 0.5% at 6,999.16, as investors eyed the release of US

Jarvis Securities

FTSE hits fresh post-pandemic high amid deal news

London stocks rose in early trade on Friday, with the top-flight index hitting a new post-pandemic high as deal news and strong commodity prices provided a boost ahead of the latest US non-farm payrolls report. At 0900 BST,

Jarvis Securities

Stocks edge higher despite profit-taking in Barclays

Shares prices are continuing to grind higher at the end of the month against a backdrop of buoyant investor sentiment globally following the fresh record highs set on Wall Street the night before. Risk appetite was also boosted

Jarvis Securities

Stocks set for gains ahead of Fed meeting

Stocks are set for a higher start ahead of the US central bank’s policy announcement later in the day. According to John Velis at BNY Mellon, Federal Reserve chairman Jerome Powell will be pressed for greater clarity as to