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Wednesday preview: ECB, Technology in focus
Financial markets' attention on Wednesday will be on the European Central Bank.
Intel to sell NAND memory operations to SK Hynix for $9bn
Semiconductor giant Intel has clinched a deal to hive away its NAND flash memory unit to South Korea's SK Hynix for approximately $9bn.
Europe close: Dax clobbered by losses for tech and gains for euro, periphery stocks higher
Shares in Europe finished on a decidedly mixed note despite hopes for a new fiscal package in the States and further positive news on the pandemic front.
Sector movers: Technology misses out on gains for cyclicals
Cyclicals were again helping to buoy the FTSE 350 on Tuesday, although this time around it was Industrial Transportation, Real Estate Investment Trusts and Media that were doing best.
US Treasury yields edge higher on reports lawmakers closer to stimulus deal
Stocks on Wall Street are bouncing back and Treasury yields inching higher following reports that lawmakers in the US were narrowing their differences on a fourth fiscal stimulus package.
DoJ to sue Google for abuse of dominant position in search services
America's Department of Justice is set to file an antitrust lawsuit against technology giant Google, alleging that it has been abusing its dominance in online search to stifle competition, resulting in harm to consumers.
Moderna's Covid-19 vaccine may be ready for use by December
Moderna's Covid-19 vaccine candidate could be ready for use in December, the company's boss said.
US housing starts for September miss forecasts
US homebuilders broke ground on fewer houses than expected last month, but the sector continued to be in robust health overall.
SP Angel reiterates 'buy' for Scotgold, says Cononish undervalued
Analysts at SP Angel hiked their target price for shares of Scotgold by 29% to 182p, arguing that investors were overlooking the potential upside from the outfit's Cononish gold and silver mine in Scotland.
Europe close: Stocks surrender early gains
European shares gave up early gains as the impetus provided by upbeat earnings reports and strong China GDP data faded going into the close of the session.