Morning Markets: Europe boosted by US comeback

clock

The FTSE opened up at 5237.75, up 26.46 points, (0.51%) as European stocks edged higher in opening trading, drawing some optimism from Wall Street's late-session comeback.

The FTSE opened up at 5237.75, up 26.46, (0.51%) as European stocks edged higher in opening trade drawing some optimism from Wall Street's late-session comeback. The halt of BP's oil leak in the Gulf of Mexico, a settlement between Goldman Sachs and U.S. regulators, and the passage of a major financial-overhaul bill in the U.S. all helped sentiment, despite further signs of U.S. economic weakness and disappointing earnings from Google. BP topped the leaders' board trading at 424p, up 22.80 points (5.68%) as the oil company evaluates data from a pressure test it began yesterday that wi...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Partner Insight: Every year counts - Practical support from Octopus to cut through the pre-Budget noise

Partner Insight: Every year counts - Practical support from Octopus to cut through the pre-Budget noise

Helping clients act now for effective estate planning

Toyin Oyeneyin, Tax Product Specialist @ Octopus Investments
clock 25 November 2025 • 6 min read
Budget wish lists: Advisers share hopes and fears ahead of 26 November

Budget wish lists: Advisers share hopes and fears ahead of 26 November

Is increasing income tax the chancellor’s ‘least worst’ option?

Jenna Brown
clock 17 November 2025 • 9 min read
Bank of England holds interest rates at 4% as Budget looms large

Bank of England holds interest rates at 4% as Budget looms large

Five MPC members voted to hold rates

Michael Nelson
clock 06 November 2025 • 3 min read