Global markets roundup, 10 April

• FTSE 100 up 0.7% to 6,635

• Gold up 0.24% to $1,311.78/oz

• £/$ – 1.6793

The FTSE 100 bounced back yesterday, climbing 0.7% to close at 6,635.

Chipmaker ARM Holdings was the day’s best performer, up 4.5%. Housebuilders were also in demand, with Barratt rising 3.9% and Persimmon adding 3.1%.

In Europe yesterday, the Paris CAC 40 rose 18 points to 4,442 and the German Xetra Dax gained 16 points to 9,506.

In the US, the Dow Jones Industrial Average and the S&P 500 added 1.1% to 16,437 and 1,872 respectively, and the Nasdaq Composite was 1.7% higher at 4,183.

Overnight in Japan, the Nikkei 225 was flat at 14,300, and the broader Topix index  lost 1% to 1,149. And in China, the Shanghai Composite rose 1.4% to 2,134, and the CSI 300 added 1.6% to 2,273.

Brent spot was trading at $107.66 early today, and in New York, crude oil was at $103.44. Spot gold was trading at $1,321 an ounce, silver was at $20.11 and platinum was at $1,444.

In the forex markets this morning, sterling was trading against the US dollar at 1.6777 and against the euro at 1.2106. The dollar was trading at 0.7216 against the euro and 101.75 against the Japanese yen.

And today, Marks & Spencer reported a 0.6% fall in like for like sales in the last quarter, an improvement on a decline of 2.1% in the previous period, and a fall of 3.8% in the same period last year. Clothing sales grew by 0.6%, and food sales rose by 0.1%.

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