Investors' focus over the coming week will be squarely on the European Central Bank's policy meeting on Thursday, which ECB chief Christine Lagarde herself on 11 July said would include "some interesting variations and changes. " .
Wall Street stocks were in a mixed state at the close on Thursday, as market participants thumbed over more bank earnings and the key jobless claims report from the Labor Department.
The UK might reinstate some lockdown measures if the latest wave of the coronavirus pandemic becomes unacceptable.
European stocks finished the week on a down note even as travel stocks rallied, as rising numbers of Covid-19 cases across the Continent continued to sap investors' confidence.
London stocks dipped below the waterline to close slightly weaker on Friday, although travel and leisure plays remained a brighter spot after recent weakness.
The FTSE 100 ended the week down 113. 79 points, closing at 7008. 09 on Friday.
Frenkel Topping Group revealed on Friday that non-executive director Christopher Mills had acquired 625,000 ordinary shares in the AIM-listed financial services firm.
Peel Hunt upgraded its stance on shares of Premier Inn owner Whitbread on Friday as it said the stock has been oversold on reopening fears.
Wall Street is now primed for the biggest 'correction' since the start of the current 'bull' market in March 2020, Marketwatch's Mark Hulbert wrote.
US retail sales surprised to the upside in June, driven by increased demand for electronics, gasoline and fashion.
Consumer confidence in the US took an unexpected hit from higher prices in July, the results of a closely-followed survey revealed.
London’s FTSE 250 was down 0. 1% at 22,477. 53 in afternoon trade on Friday.
Exploration and development company Power Metal Resources announced on Friday that its wholly-owned Canadian subsidiary Power Metal Canada has signed an earn-in agreement, through which it could acquire a 100% interest in two Canadian lithium pegmatite exploration properties.
London’s FTSE 100 was down 0. 3% at 6,991. 85 in afternoon trade on Friday.
Wall Street stocks were broadly flat on Friday as the first week of second-quarter earnings season gets set to draw to a close.
GCP Student Living shares surged on Friday after the student housing provider agreed to be bought by Scape Living and iQSA Holdco in a £969m deal.
Professional services company RBG said on Friday that it was continuing to trade in line with market expectations after its first half.
Wrap investment platform provider Nucleus reported a 19. 2% year-on-year improvement in assets under administration for its second quarter on Friday, to £18. 9bn, and 5. 1% growth over the first quarter.
Medical imaging technology company Feedback announced on Friday that UK veterinary provider CVS Group has appointed ‘Bleepa’ as its clinical communications platform for its equine division.
Private rented sector-focussed residential developer Sigma Capital has delivered the 4,000th rental home for the PRS REIT, it announced on Friday, which it said made it “the leading operator” in the delivery of new-build single family rental homes in the UK.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news and we may not share the views of the author or publisher. We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.
The value of investments can fall and you may get back less than you invested.