Moving markets: Five things shaping the FTSE 100 today
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City AM
City AM
By Vivek Kumar Moving Markets Today: Asian Markets Rise with Wall Street, Uber, Lyft, and Nvidia Propel S&P 500; Bitcoin Tops $52,079, Japan Enters Recession; Eyes on UK Q4 GDP and U.S. Retail Sales US stocks managed to recover from previous losses, which were triggered by unexpectedly high inflation data. Both Lyft and Uber, prominent ride-hailing companies, saw significant increases in their stock prices. Nvidia, a leading technology company, surpassed Alphabet to become the third most valuable company in the U.S. market. Asian markets followed the upward trend set by Wall Street, with Japan…