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UK stocks soar on election landslide, Fed comments excite markets again, Nike’s big stumble

EPISODE · Jul 5, 2024 · 51 MIN

UK stocks soar on election landslide, Fed comments excite markets again, Nike’s big stumble

from AJ Bell Money & Markets · host AJ Bell

On this week’s episode of the AJ Bell Money & Markets podcast Dan Coatsworth and Laura Suter assess the market reaction to a Labour landslide.  Charlene Young and Danni Hewson discuss how the Fed comments and new economic data has driven a new rally in US and Asian markets amid hopes of interest rate cuts. They look back on the big investing themes of the year including AI and UK takeovers, while also updating on the latest news from Tesla whose sales fell less than expected and how Sainsbury’s is being weighed down by Argos. Tom Sieber and Ian Conway from Shares magazine put sportswear giant Nike under the spotlight.  The podcast team also debate energy prices, why May saw record ISA inflows and how house prices are still rising even as mortgage approvals slow.

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UK stocks soar on election landslide, Fed comments excite markets again, Nike’s big stumble

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