FTSE 100 Live 12 June: Index up 1% as US inflation declines, Fed hold expected
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2024
0mins
Source: Yahoo Finance
- US interest rates and inflation: US interest rate outlook is the focus with May's inflation reading, which declined slightly.
- FTSE 100 Market Updates: FTSE 100 rallied after a slide, up more than 1% for the day, with Rentokil as the top riser.
- Starling Group's IPO Plans: Starling Group committed to future London stock market listing as profits surged by 55%.
- HSS Shares Decline: HSS shares dropped after losing a major contract with infrastructure business Amey.
- Legal & General Restructuring: Legal & General announced a strategy update, combining asset management units and planning a £200 million share buyback.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
