US stocks closed higher on Tuesday as investors digested a flurry of data in a busy week for economic indicators, earnings and central bank action.
Big Oil was again the main laggard on the FTSE, alongside miners, following unexpectedly weak factory survey results out of the People's Republic of China.
All eyes on Wednesday will be on the Federal Reserve as rate-setters in the U. S. announce their latest policy decision.
London’s stock markets saw a mixed performance on Tuesday, with Rolls-Royce recording solid gains after a rating upgrade, while BP fell on disappointing third-quarter numbers.
Bodycote revealed on Tuesday that non-executive director Patrick Larmon had acquired 10,000 ordinary shares in the FTSE 250-listed heat treatment and thermal processing services provider.
US consumer confidence dropped in October, with the Conference Board’s index falling to 102. 6 from a revised 104. 3 in September.
European stocks managed to hold on to gains on Tuesday despite a flat start on Wall Street and losses in London, with investors reacting positively to economic growth and inflation figures from the Eurozone.
Hotter Shoes owner Unbound Group said on Friday that it's unlikely to be able to release its interim results by the end of the day, as required by stock market rules.
Odey Asset Management is closing down five months after accusations of sexual misconduct were made against founder Crispin Odey.
Barclays has raised its stance on engineering giant Rolls-Royce from 'equal weight' to 'overweight' after recent weakness in the share price.
US house prices hit a record high in August, according to data out on Tuesday from the S&P Dow Jones Indices, though the recent rise in mortgage rates is likely to put downwards pressure on prices in the coming year.
Drugmaker Pfizer posted third-quarter sales that missed estimates and reported its first quarterly loss since 2019 on Tuesday amid plummeting demand for its Covid-19 vaccine.
US stocks opened more or less flat on Tuesday as investors digested a flurry of data on a busy week for economic indicators, earnings and central-bank action.
The Chicago Business Barometer unexpectedly declined further in October, with activity contracting for the 14th straight month.
London’s FTSE 250 was up 0. 7% at 17,134. 15 in afternoon trade on Tuesday.
London’s FTSE 100 was flat at 7,328. 37 in afternoon trade on Tuesday.
Shares in trade bellwether Caterpillar headed south in pre-market trading on Tuesday after news of the construction equipment manufacturer's decelerating sales growth more than offset its third-quarter earnings beat.
Specialist connection systems supplier Strip Tinning said on Tuesday that it expects to meet full-year guidance after an "improved" financial performance in the third quarter.
JetBlue Airways cut its full-year outlook on Tuesday, citing "staggering" weather-related delays.
Beauty and personal care group Brand Architekts reported full-year sales of £20. 1m in its final results on Tuesday, marking an impressive 41% increase year-on-year.
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