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Europe close: Stronger than expected PMI readings boost stocks
Better-than-expected readings on the euro area economy and reports of further government stimulus in the pipeline Stateside propelled shares higher on Tuesday.
Wednesday preview: European business confidence, Crest Nicholson in the spotlight
Financial markets' focus on Wednesday will be on the release of multiple business confidence surveys across the Continent.
JD Sports restructures Go Outdoors unit
JD Sports has launched a restructuring of its Go Outdoors unit in response to the "material uncertainty" around its viability in the wake of the Covid-19 pandemic.
US new home sales come in slightly below forecasts in May
Home-selling activity in the States rebounded last month, albeit from a depressed base.
Bayer jumps after Handelsblatt reports Roundup settlement imminent
Shares of German chemicals giant Bayer shot higher on the back of reports that a legal settlement over claims related to the cancer-causing weed-killer, Roundup, which it had inherited from America's Monsanto.
Deutsche Bank anticipates 'exceptionally strong' first half for 888
Deutsche Bank analysts upped their target price for shares of 888 Holdings citing the "extremely strong" momentum observed seen over the start of the year, updates from rivals and data on its own markets.
Europe midday: Stocks bound ahead on upbeat economic surveys, Dax leads
Stocks across Europe were bounding higher on Tuesday, led by the exporter-heavy German Dax, on the back of better-than-expected out of the euro area and from overseas.