Today: 18 May 2026
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LSE:UTG 14 August 2025 - 10 April 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.

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Intel Stock Is Trying to Bounce, But the AI Chip Trade Has a New Problem

Intel Stock Is Trying to Bounce, But the AI Chip Trade Has a New Problem

18 May 2026
Intel shares rose 0.3% to $109.10 in early New York trading Monday after last week’s selloff, as analysts raised price targets and President Trump commented on the U.S. government’s 10% stake, now valued above $50 billion. First-quarter revenue climbed 7% to $13.6 billion, with Data Center and AI sales up 22%. The iShares Semiconductor ETF fell 0.9%. Intel’s server CPU market share dropped to 54.9% in Q1, according to UBS.
BofA Hits Salesforce AI Ambitions With $160 Price Target

BofA Hits Salesforce AI Ambitions With $160 Price Target

18 May 2026
BofA Securities reinstated Salesforce with an Underperform rating and a $160 price target, citing risks from AI changing its growth model. Despite the downgrade, Salesforce shares rose $3.36 to $176.87 in early Monday trading. The company reports fiscal Q1 results on May 27. Analyst Tal Liani warned AI could reduce demand for seat-based subscriptions.
Vanguard’s VTI pulls in $852 million even as shares fall for the week

Vanguard’s VTI pulls in $852 million even as shares fall for the week

18 May 2026
Vanguard Total Stock Market ETF (VTI) saw $852.57 million in net inflows over five days, despite a 0.24% weekly decline. The fund traded at $363.71 Monday, up $0.97, as investors favored exposure to major tech stocks like Nvidia, Apple, and Microsoft. The S&P 500 and Nasdaq opened higher, while the Dow slipped. Global equity funds drew $39.15 billion in weekly inflows, with technology funds hitting a record.
Iran Oil Shock Whipsaws Wall Street As One Deal Hint Moves Stocks, Bonds And Gas

Iran Oil Shock Whipsaws Wall Street As One Deal Hint Moves Stocks, Bonds And Gas

18 May 2026
Oil prices fell Monday after reports the U.S. may offer Iran a temporary sanctions waiver, easing earlier market panic over the closed Strait of Hormuz. Brent crude dropped below $108, while U.S. gasoline averaged $4.515 a gallon, up sharply from a year ago. The 10-year Treasury yield hit 4.631%, and S&P 500 futures rose 0.2% by morning in New York. A drone strike caused a fire at the UAE’s Barakah nuclear plant, with no injuries reported.

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IonQ’s Volatile Week Leaves Bulls Focused on Monday Trade

IonQ’s Volatile Week Leaves Bulls Focused on Monday Trade

18 May 2026
IonQ shares closed Friday at $51.95, down 9.6% for the day but up 5.5% from the prior week. The company reported first-quarter revenue of $64.7 million, up 755% year-over-year, and raised full-year guidance to as much as $270 million. IonQ posted a GAAP net income of $805.4 million but an adjusted EBITDA loss of $96.8 million. Investor focus remains on high spending and cash burn.
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