Stock Market 29 July 2026

The FTSE 100 is poised to start higher on Friday, supported by a rally in US tech shares on Thursday. Amazon and Apple delivered mixed performances despite the sector's overall advance, signalling diverse market sentiment. Investors remain attentive with London's market tracking a global rise in equities.

The FTSE 100 is down as the UK stock market reacts to disappointing trade figures from China. Multiple UK-listed stocks, including Yü Group (AIM:YU., £18.10), Tristel (AIM:TSTL, £4.30), Playtech (LSE:PTEC, £3.878), and On the Beach Group (LSE:OTB, £1.87), are currently trading as much as 50% under their assessed intrinsic value. This presents possible opportunities based on cash flow evaluations.

The Zacks.com Analyst Blog featured ProShares' SQQQ, PSQ, QID, TECS ETFs, MicroSectors' BERZ, and Direxion's SOXS in the wake of the Federal Open Market Committee's decision to keep the Fed funds rate steady at +3.50-3.75%. With three dissenters preferring a 25 basis point increase, the Fed reaffirmed its commitment to a 2% inflation target and noted supply shocks including oil price gains linked to Iran. Bond yields moved in response to the Fed's statement. Markets looked ahead to results from Meta, Microsoft, and Qualcomm.