Share Talk Weekly Stock Market News, Sunday 14th August 2022

Friday’s FTSE 100 index was higher than usual. This is mainly due to gains by US stocks, which were again boosted Wednesday by weaker-than-expected US inflation numbers.

The UK blue-chip index closed at 7.500.89 with an increase of 34.98 points or 0.5%. This was below the session peak of 7.516.83 but still well above the low of 7.464.12.

Wall Street was closed at the close of London. The Dow Jones Industrial Average was 186 points higher than the wider S&P 500 index, which gained 0.8%, and the Nasdaq Composite, which is tech-oriented, rose 1.2%.


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Scirocco Energy PLC (AIM:SCIR) Kiliwani Operations Update

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