The market spotlight on Tuesday will be on speeches from a trio of top officials at the U. S. Federal Reserve.
Shop price inflation dropped to its lowest in 17 months in November, new data revealed on Tuesday, as retailers stepped up discounting ahead of the key festive shopping season.
US stock markets inched lower on Monday, pulling back after the Dow and S&P 500 both closed at their highest levels in three months the previous session.
London’s financial markets saw a somewhat subdued performance on Monday, as concerns regarding the Chinese economy cast a shadow over investor sentiment.
European stocks retreated from a two-month high on Monday, with investors choosing to take profits ahead of key inflation data later in the week.
Goldman Sachs double downgraded its stance on Ladbrokes and Coral owner Entain to 'sell' from 'buy' on Monday and slashed its price target on the stock to 820. 0p from 1,450. 0p, stating it now believes the inflection of fundamentals will take longer to come through, leading it to cut its estimates for FY24/25 earnings per share by around 30%.
Ascential revealed on Monday that chief executive Duncan Painter had sold 300,000 ordinary shares in the FTSE 250-listed business-to-business media firm.
London’s FTSE 250 was down 0. 1% at 18,438. 87 in afternoon trade on Monday.
Canada-focussed minerals explorer and developer Fulcrum Metals announced a substantial expansion of its Saskatchewan uranium assets on Monday.
Television and content production specialist Zinc Media described a strong 2023 performance in a trading update on Monday and a promising outlook for 2024.
SDX Energy updated the market on its strategic transformation on Monday, shifting its focus from solely an oil and gas business to becoming an integrated, hybrid energy provider in Morocco.
Wall Street stocks were mostly in the red early on Monday as major indices come off their fourth-straight winning week.
Falcon Oil & Gas has officially initiated stimulation activities at the Shenandoah South 1H well, it announced on Monday.
MediaZest announced on Monday that it recently secured a new business opportunity with an international retail client.
Banking giant Barclays has entered exclusive talks to acquire a large portfolio of residential mortgages from high street lender Metro Bank as it seeks approval for a wider refinancing aimed at saving it from collapse.
BT Group said on Monday that it is not planning to make an offer for MusicMagpie.
London’s FTSE 100 was down 0. 2% at 7,473. 89 in afternoon trade on Monday.
Analysts at Canaccord Genuity reiterated their 'buy' rating and 330. 0p target price on software and services firm Celebrus Technologies on Monday, stating the firm's interim results had provided "additional colour" with some "encouraging takeaways" for investors.
Bank of America Merrill Lynch upgraded Johnson Matthey on Monday to ‘buy’ from ‘underperform’ and hiked the price target to 2,000p from 1,600p as it argued the company has a far better cash flow profile than its valuation discounts.
Wall Street stocks were in the red ahead of the bell on Monday as major indices come off their fourth-straight winning week.
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