Today: 7 April 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

  • Blue Owl Stock Price Plummets Amid Private Credit Sector Woes: Recovery Uncertain
    April 6, 2026, 8:46 PM EDT. Blue Owl's stock price dropped sharply to $8.45 from a peak of $25, wiping out billions amid private credit sector pressures. The firm's August fund merger attempt triggered concerns due to a 20% discount on net asset value (NAV), accelerating investor redemptions. Blue Owl halted redemptions on a key fund and sold assets, highlighting liquidity strains worsened by industry shifts like AI disruption in its software-heavy investments. Peer firms Ares, Blackstone, and KKR also face outflows. Blue Owl's assets under management (AUM) remain substantial at $307 billion, with fee-paying AUM of $187 billion. Despite growing fees and equity raised last year, weak inflows and redemptions challenge near-term performance. Analysts expect Q1 revenue to dip to $700 million, with April 30 earnings a key catalyst. Technical analysis shows bearish trends with the stock falling below critical moving averages, suggesting caution for investors.
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