UK and European stocks are following the US market higher today as markets recover from the sell-off at the start of the week.
Wall Street was higher with investors more optimistic after strong second quarter earnings from a number of companies. It is estimated that approximately 85% of S&P 500 companies have beaten forecasts so far.
Disclaimer: ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’