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FTSE 100 and US stocks cheer inflation figures on both sides of Atlantic


//stocks-investing.news-articles.net/content/202 .. inflation-figures-on-both-sides-of-atlantic.html
Published in Stocks and Investing on Wednesday, January 15th 2025 at 12:21 GMT by Investing   Print publication without navigation

  • While the FTSE 100 has rallied by 92 points, or 1.1%, on the back of relieving inflation data on both sides of the Atlantic, London's mid caps have racked up even stronger gains. Come the afternoon, the FTSE 250 was up 487 points, or by 2.5%, as a string of solid trading updates helped fuel gains throughout the day.

The article from Investing.com discusses the current state of the FTSE 100, focusing on several key economic indicators and corporate updates. Inflation remains a central concern, with investors and analysts closely watching the latest data to gauge the Bank of England's next moves on interest rates. The article highlights Vistry, a housebuilder, which has seen its shares rise after reporting robust trading and an increase in its full-year profit expectations, driven by strong demand in the housing market. Currys, an electrical retailer, is also mentioned, facing challenges from a cost-of-living crisis affecting consumer spending, yet it has managed to maintain its market position through strategic pricing and promotions. Hays, a recruitment firm, reported a slight dip in net fees but remains optimistic about future growth due to ongoing labor market tightness. The overall market sentiment is cautious, with investors balancing between economic recovery signals and persistent inflationary pressures.

Read the Full Investing Article at:
[ https://uk.investing.com/news/stock-market-news/ftse-100-live-inflation-in-focus-alongside-vistry-currys-and-hays-3874805 ]

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