Wall Street stocks closed lower on Thursday as market participants digested this week's all-important jobless claims report from the Department of Labor.
Wall Street stocks closed in the green on Wednesday, with the S&P 500 hovering near its record high following a somewhat muted session the day before.
Friday's focus in financial markets will be squarely on the US non-farm payrolls report for May.
Stocks on the Continent finished on a mixed note on Thursday following the release of stronger-than-expected readings on monthly private sector US payrolls and weekly jobless claims.
Initial weekly jobless claims in the US continued to slip lower at what one economist called a "relentless" pace.
Stocks in London remained below the waterline by the close on Thursday, with ex-dividend stocks a drag as investors digested the latest update on travel restrictions for holiday destinations.
The Chinese government approved Ant Group's request for a licence to operate a new consumer finance company in which it will hold a 50% stake.
Space debris firm LeoLabs has raised $65m in capital in a new fundraising round as an increasing number of satellites are constantly being launched into orbit.
According to the Financial Conduct Authority, there is a “significantly high” number of cryptocurrency firms that are failing to meet UK money laundering rules.
Analysts at Canaccord Genuity raised their target price on investment management firm Charles Stanley from 352. 0p to 406. 0p on Thursday following the group's full-year results.
3i Group said on Thursday that group finance director Julia Wilson had disposed of 26,759 ordinary shares in the FTSE 100-listed private equity and venture capital group.
Travel stocks slumped on Thursday amid reports the government will not be adding any new destinations to its quarantine-free green list when it updates Britons later in the day.
Digital music technology company 7digital said on Thursday that its eMusic Live joint venture would become the first music livestream platform to offer artist non-fungible tokens (NFT) alongside ticketed events running on the platform.
London’s FTSE 250 was down 0. 5% at 22,809. 19 in afternoon trade on Thursday.
Angus Energy updated the market on finance and operations at the Saltfleetby Gas Field on Thursday, announcing that a £12m facility for the field’s redevelopment had been signed, the conditions fulfilled and the facility now available and being drawn.
Wall Street stocks were in the red early on Thursday as market participants digested this week's all-important jobless claims report from the Department of Labor.
London’s FTSE 100 was down 0. 7% at 7,061. 55 in afternoon trade on Thursday, with travel shares weaker.
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced the publication of research supporting the immunotherapeutic blockade of ‘Clever-1’ to activate anti-tumour immune responses in advanced cancer patients on Thursday.
Africa-focussed Jubilee Metals announced the acquisitions of strategic platinum-group metals (PGM) tailings on Thursday, and updated the market on its South African chrome and PGM operations.
Private employers hired at an accelerated pace in May, driven by heightened demand amid a rapidly reopening US economy, but a lack of both workers and raw materials continued to weigh on the labour market's recovery.
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