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Sector movers: Retailers, telecoms pace gains
Retailers paced gains on the stock market on Tuesday, led by advances for names with a digital exposure including Asos, Boohoo and Next.
Europe close: Stocks end higher, helped by news from abroad
European shares ended higher, even as a rally driven by a promise of economic stimulus from the country’s premier lost steam.
Wednesday preview: ECB policy forum in the spotlight
Investors' focus in the middle of the week was likely to be on the European Central Bank's central banking forum in Sintra, Portugal.
Broker tips: Informa, BT Group, BAE Systems
Berenberg reinitiated coverage of Informa on Tuesday with a ‘buy’ recommendation and 820p price target.
J.P. Morgan stays 'overweight' on BAE Systems, despite possible quicker end to war
Analysts at J. P. Morgan retained their 'overweight' stance for BAE Systems despite speculation that the past weekend's events in Russia might foreshadow a quicker end to the war in Ukraine.
US consumer confidence strengthens in June, recession concerns ease
Consumer confidence in the US bounced back led by younger Americans with fewer respondents expressing concern over a looming recession.
US new home sales jump past forecasts in May
New home sales in the US jumped past forecasts in May.
US open: Stocks trade slightly higher amid stronger-than-expected economic data
US stocks were trading slightly higher in the early going following the release of a batch of upbeat economic reports.
US durable goods orders jump past forecasts in May
Orders for goods made to last more than three years soared in May, even if the bulk of the growth was due to increased orders for civilian jets.