Wall Street stocks closed higher on Monday as market participants prepped for a week full of big tech earnings.
London stocks managed a positive finish on Monday, with miners boosted by firming metals prices, as investors braced for a raft of earnings releases and the Autumn Budget.
Investors are likely to be in a holding pattern on Tuesday ahead of the release of quarterly results out of Apple and Microsoft in the evening.
European shares were mostly higher at the start of the week as investors sat on the sidelines ahead of a deluge of big corporate earnings reports.
Hertz announced its intention to outfit the largest electric vehicle rental fleet in North America with Tesla made sedans on the back of "skyrocketing" interest for electric vehicles.
Bellway revealed on Monday that chairman Paul Hampden Smith had acquired 3,154 ordinary shares in the FTSE 250-listed housebuilder.
In-game advertising provider Bidstack Group announced the launch of a new ad format for brands on Monday, with its 'in-menu' offering.
Oracle Power announced on Monday that the Department of Mines, Industry Resources and Safety (DMIRS) has approved the programme of work for drilling of the five target areas defined at its wholly-owned Jundee East Gold Project, in the Eastern Goldfields region of Western Australia.
Battery metals-focussed producing mineral company Strategic Minerals raised £0. 4m before expenses, it announced on Monday, to help it complete required work on the Paltridge North deposit.
Jefferies downgraded its stance on Simply Be and Jacamo owner N Brown on Monday to 'hold' from 'buy' as it said the company's recent first-half results were not as solid as they appeared.
London’s FTSE 250 was up 0. 1% at 22,958. 59 in afternoon trade on Monday.
London’s FTSE 100 was up 0. 3% at 7,227. 45 in afternoon trade on Monday.
Wall Street stocks were trading slightly higher early on Monday as market participants prepped for a week full of big tech earnings.
Chancellor Rishi Sunak will raise the national living wage to £9. 50 as part of Wednesday's budget, giving British workers an extra £1,000 per year.
HSBC on Monday reported bumper third-quarter profits that smashed expectations as it unveiled plans for a share buyback of up to $2bn after releasing hundreds of millions set aside for expected bad loans during the Covid pandemic.
Subsea energy equipment rental and solutions provider Ashtead Technology announced plans to float on the London Stock Exchange's junior market.
UK petrol prices hit a new record high in the UK as global oil prices continue to soar, placing further inflationary pressure on hard-pressed Britons already struggling with surging energy costs and a tax rise.
Ethiopia and Saudi Arabia-focussed gold and copper explorer and developer KEFI announced a positive resolution to the recent security situation at its Tulu Kapi gold project on Monday, revealing that the issues involved the kidnapping of four members of the project company's workforce.
DP Poland, the master franchisor of the Domino’s Pizza brand in Poland, reported a 0. 1% improvement in like-for-like system sales in its first half on Monday, to £14. 6m.
Sub-Saharan Africa-focussed power project developer Tlou Energy updated the market on its three primary projects in Botswana on Monday, being the Lesedi gas and solar power and hydrogen production project and the Mamba and Boomslang exploration and evaluation projects.
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