Wall Street trading closed in a mixed state on Tuesday, as traders return to their desks after the Independence Day long weekend.
OPEC+'s failure to reach an agreement on raising production two days before is unlikely to herald the start of a price war between its members, analysts at Morgan Stanley said - but there were medium-term risks.
The focus in financial markets in the middle of the week will shift back towards the US central bank, which is scheduled to release the minutes of its 15-16 June policy meeting.
European stocks finished firmly in the red on Tuesday, weighed down by weaker-than-expected economic reports out in the US.
London stocks closed in the red after falling further in afternoon trading on Tuesday, as investors mulled over the latest reading on the UK construction sector and updates from grocers Ocado and Sainsbury’s.
Virgin Money UK was at the bottom of the pile on the second-tier index on Tuesday amid reports out of Israel that Pfizer's Covid-19 vaccine could be a bit less effective at defending against infection from the so-called Delta variant.
The Pfizer vaccine is less effective against the spread of the Delta variant of Covid-19, revealed an Israeli study on Tuesday.
Credit Suisse said on Tuesday that it believes WM Morrison Supermarkets could benefit from privatisation, as it downgraded its rating on the chain to 'neutral'.
Didi Global shares fell over 25% in US pre-market trade on Tuesday, ahead of its first trading session since Chinese regulators ordered the company's app be taken down in that country.
Inspired Energy revealed on Tuesday that non-executive director Sangita Shah had acquired 128,205 ordinary shares in the AIM-listed energy procurement consultant.
Military shipbuilding company Huntington Ingalls Industries has agreed to buy Alion Science and Technology from Veritas Capital for $1. 65bn in cash.
Bridgepoint confirmed its intention to list in London as part of its growth plans and enhance its strategic flexibility.
Clothing and fabric longevity technology company Xeros has signed agreements with two domestic washing machine manufacturers, it announced on Tuesday, to test and trial its microfibre filtration technology ‘XFiltra’.
Activity in America's services sector slowed down a tad more quickly than anticipated last month, the results of a closely-followed survey revealed.
Twitter lost its liability protection against user-generated content in India after failing to comply with new IT rules, said the Indian government in a court filing.
Credit Suisse has said it remains generally positive on global equities, despite some areas of concern.
Wall Street trading got off to a mixed start on Tuesday as traders return to their desks after the Independence Day long weekend.
Investment company FastForward Innovations has participated in the £2. 1m issue of convertible loan notes by research-led cannabis healthcare company CiiTech, it announced on Tuesday.
London’s FTSE 100 was down 0. 5% at 7,133. 02 in afternoon trade on Tuesday.
Sutton Harbour Group, which owns and operates the Sutton Harbour waterfront development in Plymouth, reported net asset value growth of £1. 07m, or 0. 92p per share, in its full-year results on Tuesday.
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