Today: 17 March 2026
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LSE:UTG 14 August 2025 - 24 February 2026

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 closed down 0.04% at 10,680.59; FTSE 250 slipped 0.2%. Convatec surged 10.4% after raising its growth target, while Unite Group dropped 14.3% on a weaker student demand outlook. Standard Chartered missed profit estimates despite a 16% gain and a $1.5 billion buyback. Investors watched new U.S. tariffs and Bank of England rate signals.
FTSE 100’s Record Run: Inside London’s Blue-Chip Rally and What’s Next

FTSE 100 Roars into November: Oil Windfall, Gold Surge & Rate Cut Hopes Drive Rally

The FTSE 100 opened up 0.2% at 9,738 on November 3, holding near record highs as oil and gold prices surged. BP gained after a $1.5 billion U.S. pipeline sale, while Vodafone fell up to 3% on a UBS downgrade. UK bank shares hit their highest since 2008. Manufacturing PMI rose to 49.7, its best in a year, ahead of the Bank of England’s rate decision this week.
Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

The S&P 500 and Nasdaq closed at record highs on August 13, 2025, while the Dow rose over 460 points as traders anticipated a Federal Reserve rate cut in September. Bitcoin reached a new high above $124,000. Bullish debuted on the NYSE at $37, surging to $118 and a $13.2 billion market cap. Do Kwon, Terraform Labs founder, pleaded guilty to U.S. fraud charges and faces up to 25 years in prison.

Stock Market Today

  • Teekay Tankers (NYSE:TNK) Shows Volatile Share Price but Remains Near Fair Value
    March 17, 2026, 2:54 AM EDT. Teekay Tankers (NYSE:TNK) experienced notable share price volatility, gaining 4.4% in one day after an 11% drop over the past week. Its 90-day return of 23.4% and 1-year total shareholder return of 77% highlight strong momentum despite recent fluctuations. The stock trades at $66.20, close to an analyst fair value estimate of $67.80, suggesting limited undervaluation. The company's strategy to modernize its fleet with fuel-efficient vessels aims to reduce costs and capitalize on tightening environmental regulations, supporting margin improvements and long-term growth. However, risks such as declining global oil demand and tanker market volatility could affect cash flows and profit margins. Investors should weigh these factors carefully and consider diversifying with related infrastructure and technology stocks.
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