Romain Fournier

Chief Editor
Having worked in the British, French and Swiss financial press, Romain is able to report on local and international issues, as comfortable in French as in the language of Shakespeare, Romain Fournier leads the editorial team at Marketscreener. Fine connoisseur of the English-speaking markets, Romain delivers an editorial every day on US and UK markets.

The latest from London: No rebound today

01/24/2022 | 04:41am EDT

The London Stock Exchange fails to rebound on Monday after a complicated week, with investors awaiting the U.S. Federal Reserve meeting on Tuesday and Wednesday and corporate earnings throughout the week.

The US central bank should unveil the timing of its rate hikes to combat inflation. Investor sentiment is also affected by tension at the Ukraine border, as well as mixed corporate results, including weak performances from Netflix and a few US banks. Apple, Microsoft, LVMH and McDonald's will unveil their annual results this week.

Industrial miners are among the poorest performers on the FTSE 100 today, including Glencore, Anglo American and Rio Tinto.

Unilever jumped 5% after hedge fund Trian Partners acquired a stake in the consumer goods giant. Meanwhile, Vodafone rose 4.1% as it s reportedly in talks with telecom group Iliad to sign  a merger deal in Italy.

 

Things to read today:

Warren Buffet closes in on Cathie Wood as tech stocks tumble (Financial Times)

Tech Rout Fuelled by Bond-Market Turn (WSJ)

There will be no great rush back to the office – commuting is just too miserable (Daily Telegraph)


© MarketScreener.com 2022
Stocks mentioned in the article
ChangeLast1st jan.
ANGLO AMERICAN PLC 1.57% 3521.5 Delayed Quote.16.83%
APPLE INC. 0.17% 137.59 Delayed Quote.-22.52%
ARK INNOVATION ETF ACC - USD -1.44% 42.41 Delayed Quote.-55.16%
FTSE 100 1.19% 7389.98 Delayed Quote.0.07%
GLENCORE PLC 0.32% 498.6 Delayed Quote.32.64%
LONDON STOCK EXCHANGE PLC 1.09% 7244 Delayed Quote.4.91%
LVMH MOËT HENNESSY LOUIS VUITTON SE -2.09% 556.6 Real-time Quote.-23.44%
MCDONALD'S CORPORATION 2.14% 233.91 Delayed Quote.-12.74%
MICROSOFT CORPORATION -0.23% 252.56 Delayed Quote.-24.90%
NETFLIX, INC. 1.56% 186.35 Delayed Quote.-69.07%
RIO TINTO PLC 1.91% 5449 Delayed Quote.11.39%
UNILEVER PLC 1.88% 3516.5 Delayed Quote.-10.87%
VODAFONE GROUP PLC 2.06% 120.9 Delayed Quote.7.87%