FTSE 100 Live: Index surges on £31bn mining takeover move, US GDP disappoints
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The FTSE 100 index surged on news of a £31 billion takeover pursuit and positive updates from blue-chip companies. Anglo American, which includes De Beers and the Woodsmith polyhalite project, is the target of a bid from Australia's BHP. Shares in Barclays, AstraZeneca, and Unilever performed strongly after their Q1 updates. Sainsbury's also posted annual results. In the US, Q1 GDP growth came in at 1.6%, below expectations of 2.5%, which may encourage the Fed to cut rates sooner than expected. WH Smith reported a shift to a 'one-stop shop' travel destination, while Wizz Air said prices for summer getaways are 'trending higher'.

#Ftse100 #Mining #Takeover #UsGdp #Q1Updates #Sainsbury's #WhSmith #WizzAir

https://www.standard.co.uk/business/ftse-100-live-25-april-sainsburys-results-pphe-lseg-update-b1153692.html