- FTSE 100 up 1% to 6,337
- Gold down 0.41% to 1,071.15/oz
- £/$ – 1.5129
The FTSE 100 bounced back yesterday, adding 1% to close at 6,337.
Housebuilders were in demand on the back of George Osborne’s Autumn Statement. Taylor Wimpey was the day’s highest climber, rising 3.6%, Barratt Developments gained 3.4%, and Persimmon was 3% higher.
In Europe, the Paris CAC 40 rose 1.5% to 4,892, and the German Xetra Dax added 2.2% to 11,169.
In the US, the Dow Jones Industrial Average rose one point to 17,813, the S&P 500 lost one point to 2,088, and the Nasdaq Composite rose 0.3% to 5,116.
Overnight in Japan, the Nikkei 225 and the broader Topix index each fell 0.5% to 19,944, and 1,602. And in China, the CSI 300 fell 0.3% to 3,759, and the Shanghai Composite was 0.3% lower at 3,635.
Brent spot was trading at $45.72 early today, and in New York, crude oil was at $42.77. Spot gold was trading at $1,072 an ounce, silver was at $14.18 and platinum was at $850.
In the forex markets this morning, sterling was trading against the US dollar at 1.5095 and against the euro at 1.4235. The dollar was trading at 0.9430 against the euro and 122.51 against the Japanese yen.
And today, Tesco has agreed to pay $12m (£8m) to settle a class action lawsuit brought by investors in the US. The suit claimed Tesco had misled investors by overstating its profits by £250m.