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Wednesday preview: UK CPI, Marks & Spencer in the spotlight
Investors' focus in the middle of the week would be on a reading for consumer prices in the UK in April.
Sector movers: Stocks dip amid debt ceiling concerns
Cyclicals were at the bottom of the pile on Tuesday as some investors grew a bit more concerned about the ongoing debt ceiling impasse in the States.
Europe close: Stocks slip amid debt ceiling concerns
European shares were lower on Tuesday as talks on the US debt ceiling continued and survey data showed a slowdown in eurozone factory activity, while shares in Julius Baer fell on a poor update.
US open: Stocks dip amid debt ceiling caution
Stocks in the US were trading slightly lower following the release of mixed economic data with investors keeping an eye out for further debt ceiling news.
US new home sales rise more quickly than expected in May
Sales of newly built homes in the US increased by more than expected last month, even if from a lower than anticipated base.
Activity in US services sector accelerates in May, but slips in manufacturing
Services sector activity in the US picked up by surprise last month, even as that in manufacturing shrank unexpectedly, the results of two surveys revealed.
Sector movers: Travel and Leisure names, banks pace gains
Autos and Parts paced gains in a mixed day for stocks in London, alongside an advance in Travel and Leisure names.