FTSE 100 Live: Stocks to gain; oil rises as Saudi Arabia and Houthis trade strikes
Welcome back to City AM‘s FTSE 100 live blog. Stocks are set to make modest gains on Wednesday morning, after the blue-chip index finished flat on Tuesday despite spending most of the day in the green. Oil prices are rising this morning, after the Iran-backed Houthi rebels fired missiles towards the headquarters of Saudi Aramco, [...]
Welcome to City AM's FTSE 100 live blog. Expect modest gains in stocks on Wednesday morning following the flat performance of the blue-chip index on Tuesday, despite spending most of the day in the green. Oil prices are on the rise this morning as a result of Iran-backed Houthi rebels firing missiles towards the headquarters of Saudi Aramco, the state-owned oil company.
Earlier in the night, Saudi Arabia struck Yemeni oil depots. Keep tuned for the latest updates from the London Stock Exchange and the broader business world throughout the day. Here are some of the top headlines this morning: Healey aims to reduce the business costs of hiring "Neets." Opponents argue that abandoning a third runway would be detrimental to the UK, according to the Istanbul airport boss.
Dimon warns of risks 'under the surface' as JP Morgan reports earnings short of expectations. Oxford AI chip startup raises $125 million to combat the power crisis in data centers. The boss of FTSE 100 Kingfisher says they will withdraw Neet support if Healey raises taxes.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
