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Europe close: Stocks slip amid geopolitical tensions in Middle East
European stocks were again in the red on Wednesday as markets struggled for direction in the wake of yet another rise in bond yields and following the bombing overnight of a hospital in Gaza.
Thursday preview: U.S. data, Tesla in focus
The market spotlight on Thursday was expected to be firmly on the U. S. with multiple economic reports due out.
US open: Stocks slip as Treasury yields and oil move higher
Rising oil prices and elevated bond yields were weighing on US stock futures on Wednesday as the deadly conflict in Gaza escalated with the bombing of a hospital in Gaza the night before.
Morgan Stanley Q3 results underwhelm
Morgan Stanley reported weaker third quarter profits due to th drag from its investment banking and fixed income units.
US housing starts rebound by less than expected in September as rates drag
Homebuilding activity in the U. S. rebounded last month, but by less than expected held as higher interest rates dragged on activity.
Europe midday: Stocks slip amid geopolitical tensions
European stocks were again in the red on Wednesday as markets struggled for direction in the wake of yet another rise in bond yields and ongoing conflict in Israel.
Whitbread 1H sales jump, new share buyback announced
Premier Inn owner Whitbread's topline growth at the half-year stage fell short of analysts' estimates, but the company was confident on the outlook.
Bodycote chooses industry veteran Jim Fairbairn as new CEO
Bodycote has chosen a veteran of the engineering sector to run the company starting from early 2024.