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US close: Stocks end lower amid rate hike concerns
US stocks ended weaker but off lows on Thursday as the prospect of a rate hike as early as June continued to unnerve investors.
Drop in commodity prices may have a silver lining, oil is key, Macquarie says
Commodity markets were bathed in red following a sharp run-up in Fed hike expectations on the previous day, although by early in the evening on Thursday the latter had again come down significantly.
Miners and oil majors lead drop
Miners and big oil led the retreat in the stockmarket, with the former coming under profit-taking again as the froth seen in some commodity prices earlier in 2016 continued to come out of the market on Thursday.
FX round-up: US dollar mixed as traders mull June rate hike
The US dollar turned in mixed performances against sterling, the euro and yen today as markets factor in the likelihood of a June rate hike by the US Federal Reserve, which in turn saw global stocks indices, crude oil and metals prices slump.
Nokia's long-term corporate credit rating affirmed at 'BB+'
Nokia's long-term corporate credit rating has been affirmed at 'BB+' by S&P Global Ratings, which said the company was on track to meet cost-cutting and transformation targets but cautioned on revenue, margin and free-operating cash flow expectations for 2016.
Europe close: Big oil, commodities retreat, banks rise
European stocks took a page out of Wall Street's book on Thursday, tracking losses Stateside following the release of more hawkish-than expected minutes of the US central bank's last rate-setting meeting late in the previous session.
Market overview: Miners, Big oil down
1630:Close Stocks close lower led by miners and big oil, alongside some interest rate sensitive darlings of investors such as National Grid and Paddy Power Betfair. Recent political turbulence in South Africa is taking its toll on Old Mutual. Silver miner Fresnillo is off the most, some market chatter of late has been pointing to too quick a run-up in the price of silver. High Beta stocks such as HL are also lower. The SFO's investigation into Rolls Royce trundles on, dragging the stock lower.
Fed's Fischer refrains from remarks on immediate policy outlook
The US economy needs to reach a higher rate of so-called potential growth, the central bank's vice-president Stanley Fischer said in a statement.
Small caps news round-up
Vernalis warned investors on Thursday of looming supply issues with an upcoming drug it will distribute - Moxatag - as its Ireland-based supplier Suir Pharma was placed into provisional liquidation. The AIM-traded company said information was limited at this time, but it had been informed by the liquidator that it intends to seek a purchaser for the business as a going concern.
Friday preview: Spectris and Close Brothers update on quarterly trading
Precision instruments maker Spectris will update the market on its first quarter trading on Friday after reporting soft full year results earlier in the year.
Moxatag supply issues looming for Vernalis
Vernalis warned investors on Thursday of looming supply issues with an upcoming drug it will distribute - Moxatag - as its Ireland-based supplier Suir Pharma was placed into provisional liquidation.
London close: FTSE ends lower on prospect of US interest rate hike
The FTSE 100 finished on the back foot on Thursday as the Federal Reserve’s hawkish policy meeting minutes continued to weigh.
Director dealings: Regus's boardroom banker buys stock
Regus director François Pauly has picked up shares in the flexible office provider not long after a strong first-quarter trading statement.
Agreement ends lawsuit against Minds + Machines
Minds + Machines served up some positive news to its investors on Thursday, notifying them that the lawsuit against the company and all other defendants - brought by Fred Krueger - has been dismissed without prejudice.
European Commission looks to tax on-demand video streaming - report
Companies such as Netflix and Amazon Prime offering video-streaming services in Europe may be hit with a tax to help fund the production of European films and television programmes, a report says.
Mobile Streams' shares dive on FY warning
Shares in tech stock Mobile Streams nosedived about 30% after the company warned its full-year revenues would be lower, with EBITDA and operating losses materially higher.
ValiRx updates market on 'significant' 2015
Lifesciences company ValiRx reported on a “significant year” on Thursday, talking up its capital restructure and technical advancements in the 2015 calendar year.
US open: Stocks fall as hawkish FOMC minutes continue to weigh
US stocks declined on Thursday as investors continued to digest the Federal Reserve’s hawkish policy meeting minutes.
June FOMC will be live, Fed's Dudley says
The door is open to an interest rate hike by the US central bank when it meets in mid-June, a top official said.
Greece posts larger than expected primary surplus
Greek finances were in far better health over the first four month of 2016 than markets had expected.