The Dow Jones rose to another all-time high on Tuesday, while the S&P 500 neared record territory, as rate-cut hopes continued to fuel an end-of-year rally on Wall Street.
With little in the way of corporate updates or results due on Wednesday, the focus will be firmly on economic data – and there will be a lot of it, from the UK and overseas.
London's financial markets showed resilience on Tuesday, maintaining positive momentum despite the usual holiday slowdown.
European stocks closed at their highest levels in nearly two years on Tuesday on the back of monetary easing hopes as economic data confirmed that eurozone inflation had fallen to its lowest in over two years.
NewRiver REIT and Frontier Developments were on the list of director deals on Tuesday after they both disclosed director purchases.
Diversified Energy tanked on Tuesday after four members of US Congress wrote to the company requesting more information on its policies and practices related to well management, well clean-ups and methane emissions.
US stocks were putting in decent gains on Tuesday morning, with the Dow Jones continuing to set new highs and the S&P 500 now within touching distance of its record, on the back of unrelenting optimism that the Federal Reserve will ease monetary policy significantly in the coming 12 months.
FTSE 250: 19,277. 03, +0. 29% .
Virtual reality (VR) and metaverse technology company Engage XR warned of some contract delays in a trading update on Tuesday.
Financial advisory firm Tavistock Investments reported a 19% jump in revenue in its first half on Tuesday, to £20. 6m, up from £17. 3m in the first half of the 2022 financial year.
Automation and customer engagement specialist Netcall said in an update on Tuesday that it saw sustained positive trading momentum in its first half, aligning with management expectations.
Empire Metals released analytical lab results from the initial five of 40 reverse circulation (RC) drill holes at the Pitfield Project in Western Australia on Tuesday.
Karelian Diamond Resources said in an update on Tuesday that positive findings from basal till samples collected up-ice from the green diamond discovery site had brought it closer to identifying the source of the Kuhmo Green Diamond, previously unveiled on 31 January 2017.
EasyJet's shareholders have voted overwhelmingly in favour of the company's planned purchase of 157 A320neo family aircraft from manufacturing giant Airbus.
US housing starts were higher than expected in November as mortgage rates began to soften, according to the Commerce Department.
London’s FTSE 100 was up 0. 1% at 7,619. 98 in afternoon trade on Tuesday, as the Christmas lull set in.
Brazil-focussed miner and developer Serabi Gold updated the market on exploration at the Matilda Copper Prospect in the Tapajos region of Para State on Tuesday.
Shares in Boeing and Airbus were were flying higher on Tuesday after airline group Deutsche Lufthansa ordered 40 planes each from the manufacturers in a deal worth a combined $9bn.
The Financial Conduct Authority (FCA) has wrapped up its investigation into Odey Asset Management (OAM), reportedly deciding not to pursue any further action, it emerged on Tuesday.
Music rights investor Hipgnosis Songs Fund has delayed publication of its interim results - which were due on Tuesday - as the board expressed concerns about the value of the company's assets following two sales at steep discounts.
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