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FTSE 100 Live: Stocks set for modest gains after US markets climb

Published 23/11/2023, 06:59
© Reuters.  FTSE 100 Live: Stocks set for modest gains after US markets climb
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Proactive Investors - FTSE set for modest gains when trading kicks off

The FTSE 100 is expected to post modest gains when trading starts on Thursday after US markets climbed ahead of Thanksgiving.

Spread betting companies are calling open up by around 5 points after closing down 12.48 points, 0.2%, at 7,469.51 on Wednesday.

With US markets closed, activity may be quieter than usual although investors will be digesting yesterday’s Autumn Statement with flash PMI figures to come later.

In the US, markets posted strong gains with the Dow up 0.5%, the S&P 500 up 0.4% and the Nasdaq up 0.5%.

Back in London, updates from Jet2 (LON:JET2), Intertek (LON:ITRK), FirstGroup (LON:FGP), Mitie (LON:MTO) and Virgin Money (LON:VMUK) UK will be the early focus.

Read more on Proactive Investors UK

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