The market spotlight on Wednesday is likely to be on European Central Bank boss, Christine Lagarde, in light of recent weakness in the single currency.
Wall Street stocks closed sharply lower on Tuesday as investors digested quarterly earnings from a number of big-name firms and a series of data points.
European shares surrendered early gains as Wall Street came under heavy selling again and the headlines out of Ukraine appeared to point to the risk of a more prolonged conflict.
London stocks were mixed at the close on Tuesday, giving up gains made earlier as Wall Street turned negative at its open.
Insig AI was at the top of the list of buys on Tuesday, after its chairman spent almost £80k on its shares.
Building materials distributor Lords Group said in an update on Thursday that it expects to report revenues for the full year in line with market expectations, at £363m.
Cloud payment technology company PCI-PAL said in an update on Tuesday that, following continued strong performance since the half-year, it anticipated results for the full year ending June would be better than current market expectations.
Trakm8 said in a trading update on Tuesday that revenues for the year just ended totalled £18. 2m, up 14% year-on-year, although it did warn of supply chain issues and inflationary pressures going forward.
Analysts at Berenberg slashed their target price on online investment platform operator AJ Bell from 400. 0p to 300. 0p on Tuesday, citing a negative mark-to-market.
Wall Street stocks were in the red early on Tuesday as investors digested quarterly earnings from a number of big-name firms and a series of data points.
The University of Michigan's consumer sentiment unexpectedly increased in April and significantly outperformed market expectations.
New orders for manufactured durable goods increased 0. 8% month-on-month across the US in March, according to the Census Bureau, bouncing back from a downwardly revised 1. 7% drop in February but below market expectations of a 1% gain.
Analysts at Canaccord Genuity slightly raised their target price on security systems company Corero Network Security from 24. 0p to 26. 0p on Tuesday, stating the "undervalued" stock represented a "profitable cybersec growth story".
PepsiCo upped its full-year guidance on Tuesday, following a jump in first-quarter revenues.
Nomura saw profits soften in the fourth quarter, as heightened geopolitical tensions weighed on the Japanese bank.
Wall Street futures were in the red ahead of the bell on Tuesday as investors digested quarterly earnings from a number of big-name firms.
London stocks were still positive at lunchtime on Tuesday, after Wall Street indices turned around a global sell-off overnight to close in positive territory.
European shares rebounded at the open on Tuesday after a rally in US tech stocks driven by Elon Musk’s agreed $43bn takeover of social media platform Twitter.
Heathrow Airport has warned that passenger numbers could fall “significantly” after the summer, as it ruled out a return to profit despite a strong start to the year.
Audio hardware company Focusrite reported group revenue of £92. 9m in its first half on Tuesday, down from £95. 3m year-on-year, but in line with expectations.
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