Daily Stock Market Report (Wed 29th April 2026) - W7L, TET, JET2, KEYS, HFD, MCON

Good morning!
We have a Fed interest rate decision this evening, where no change in rates is expected.
Its significance is that it's the last decision under outgoing Chair Jay Powell.
He will step down with rates stable in a 3.5-3.75% range, and with inflation at 3.3% - a two-year high - after oil prices spiked in March. Unemployment remains low at 4.3%.
No fireworks are expected this evening, and then next month we will enter the era of Kevin Warsh.

Spreadsheet accompanying this report: link.

Companies Reporting
Name (Mkt Cap)RNSSummaryOur view (Author)AstraZeneca (LON:AZN) (£216bn | SR75)1st Quarter ResultsQ1 revenue up 13%. 2026 guidance is unchanged.GSK (LON:GSK) (£82bn | SR94)1st Quarter ResultsQ1 revenue up 2%, 2026 guidance unchanged.Lloyds Banking (LON:LLOY) (£58bn | SR76)2026 Q1 Interim Management StatementPre-tax profit up 33% to £2bn, 2026 guidance unchanged.HALEON (LON:HLN) (£31bn | SR59)2026 Q1 Trading StatementQ1 organic revenue up 2.2%, 2026 guidance unchanged.Prudential (LON:PRU) (£28m | SR47)Q1 2026 Performance UpdateQ1 new business profit up 10% to $686m. “We remain confident in delivering double‑digit growth across our key financial metrics in 2026 and achieving our 2027 financial objectives."