Wall Street stocks closed firmly in the green on Tuesday following a mixed session for major indices a day earlier.
Tuesday's price action on the FTSE 350 was the mirror image of the prior session's, with Leisure Goods and Software finding a bid, while mining and banks were on the backfoot.
Against a backdrop of rising government bond yields, markets' focus in the middle of the week will shift towards the inflation, with readings on consumer prices due out in the US and China.
European shares extended the previous day's gains after the OECD upgraded growth forecasts for the global economy, citing the ongoing success of the vaccine rollout and the US’s mammoth $1. 9trn stimulus package.
London stocks managed a positive finish to the session on Tuesday, after the OECD upgraded its growth forecasts for the UK and global economy.
The European Parliament voted in favour of rescinding immunity for Catalonia’s former regional leader Carles Puigdemont and two other Catalan lawmakers.
Pearson revealed on Tuesday that non-executive director Graeme Pitkethly had acquired 6,075 ordinary shares in the FTSE 100-listed education publishing and assessment service.
Aston Martin: HSBC upgrades to buy with a target price of 2,750p.
Swedish plant-based milk maker Oatly announced plans to open one of the world’s biggest alt-milk dairy factories in the UK.
Analysts at Berenberg initiated coverage on batteries and lightbulbs distributor Supreme at 'buy' on Tuesday, stating the group was "supremely well positioned".
Specialist pharmaceuticals contract research organisation Open Orphan announced on Tuesday that its subsidiary Venn Life Sciences had been awarded a contract for a study with clinical-stage oncology company Oxford BioTherapeutics.
London’s FTSE 250 was up 0. 8% at 21,386. 89 in afternoon trade on Tuesday.
Commercial-stage pharmaceutical company Shield Therapeutics said on Tuesday that Australia's Therapeutics Goods Administration (TGA) has registered ‘Feraccru’ in the country’s Register of Therapeutic Goods, to treat iron deficiency with or without anaemia in adults.
Wall Street stocks were firmly in the green at the start of trading on Tuesday following a mixed session for major indices a day earlier.
Kia Motors is set to recall nearly 380,000 vehicles of the Sportage and Cadenza models due to faults in their electric system that risk causing a fire in the engine compartment.
London’s FTSE 100 was down 0. 2% at 6,707. 96 in afternoon trade on Tuesday.
Condor Gold announced on Tuesday that the first 26 drill holes for a combined 1,296 metres of diamond drill core had been completed on La India starter pit infill drilling programme.
Digital security company Avast said on Tuesday that it has agreed to sell its Family Safety Mobile business to Smith Micro Software for $66m.
Société Générale has downgraded its rating for Pearson to ‘hold’ after a strong run for the blue chip’s shares.
South America-focussed President Energy updated the market on its drilling programme in Argentina’s Rio Negro province on Tuesday, reporting that a drilling rig had been contracted, with site preparations in progress.
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