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Today in the markets

The latest news and events driving markets around the world, supplied by Marketwatch and Reuters.

Please remember that the ideas and conclusions in this section do not necessarily reflect the views of Fidelity’s portfolio managers or analysts. They are for general interest only and should not be taken as investment advice or as an invitation to purchase or sell any specific security.

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More UK market news

FTSE 100 drops as oil shares extend losses; pound rallies on BOE rate vote

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FTSE 100 ends higher, rising from 6-week low as Ocado, tobacco firms rally

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FTSE 100 logs 3rd straight drop as U.S.-China trade fight intensifies

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U.K. stocks finish down slightly as trade conflict spooks buyers

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Europe

European stocks finish higher, but still suffer weekly loss

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By Carla Mozee and Victor Reklaitis, MarketWatch. Stocks across Europe closed higher Friday, aided by data showing business activity picked up in the eurozone after a slowdown. Also helping sentiment was a eurozone agreement on a debt-relief plan for Greece after the country's bailout ends, and the energy sector got a lift from a rally for oil prices.

US

Why Size Alone Won't Help Old Media Beat Netflix

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Legacy media companies are in a mad race for scale as they strive to keep up with aggressive competitors in Silicon Valley. Even if the incumbents bulk up, tech companies like Netflix, Amazon, and Apple will still have more leeway to spend. That not only means they can lure top talent away from Hollywood, but that they are driving up the cost of talent for the traditional studios.

Asia

Asian markets end mixed as trade worries weigh

MarketWatch - Last Update:

Automakers lead losses in Japan; Shanghai index salvages a small gain but teeters near bear-market territory. Asian markets recovered broad early losses to close mixed Friday. The region initially took its cues from weaker U.S. action Thursday, as the Dow posted its eighth straight decline and trade tensions between the U.S. and China remained high.

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