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US close: Tech stocks drag Wall Street into the red
US indices finished with heavy losses on Friday as a poor performance by heavyweight tech stocks dragged markets lower, offsetting any positivity around a barrage of uplifting economic data.
London close: FTSE finishes higher after positive China data
London’s top-flight index managed a positive finish on Friday based on promising Chinese economic data.
FTSE 250 movers: Games Workshop surges; Hipgnosis slips again
Shares in Games Workshop Group surged on Friday after the Warhammer maker said trading for the quarter to August 27 was ahead of expectations, driven by healthy growth across all channels.
US open: Stocks dip despite stronger-than-expected economic reports
Stocks on Wall Street were reversing the strong gains made during the previous session, despite the release of mostly better-than-expected economic data.
US consumer confidence dips, inflation expectations decline, University of Michigan says
Consumer sentiment in the U. S. was little changed in early September, but expectations for the economy and inflation did improve, the results of a closely followed survey showed.
FTSE 100 movers: Burberry, miners gain on China data
London’s FTSE 100 was up 0. 8% at 7,734. 35 in afternoon trade on Friday.
US industrial production rises more quickly than expected
Industrial production in the U. S. grew more quickly than expected last month, driven by increased demand for business equipment.
Director dealings: Gleeson CEO picks up shares, Wicks CFO covers tax bill
Low-cost housebuilder MJ Gleeson was on the list of director buys on Friday after its chief executive officer picked up more than 12k shares.
Games Workshop shares surge as profit, revenues ahead of expectations
Shares in Games Workshop Group surged on Friday after the Warhammer maker said trading for the quarter to August 27 was ahead of expectations, driven by healthy growth across all channels.
Empire State factory index jumps past forecasts in September
Factory sector conditions in the Federal Reserve Bank of New York's jurisdiction improved sharply in September, the results of a survey revealed.
US import prices edge past forecasts in August
The cost of imported goods in the U. S. rose roughly as expected last month, despite dearer prices for fuel.
Tata secures £500m support for steelworks, large job losses feared
The UK government is to provide Tata Steel with up to £500m to redevelop the Port Talbot steelworks, after a long-anticipated deal was agreed on Friday.
SkinBioTherapeutics gets France approval for psoriasis supplement
SkinBioTherapeutics has been given the green light by French regulators to introduce its food supplement, AxisBiotix-Ps, into the French market, it announced on Friday.
Greatland Gold applies for more Pilbara exploration licences
Greatland Gold announced moves to secure new exploration territories in the Gascoyne on Friday, specifically at Yannarie to the south of the Pilbara.
Brookfield exploring partial sale of Center Parcs to investors
Brookfield Property Partners, the owner of the holiday resort operator Center Parcs UK & Ireland, is in preliminary talks with some of its fund investors regarding the sale of a stake in the chain, it emerged on Friday.
Europe midday: Shares hold gains as China data helps rally
European shares held gains on Friday, driven by better-than-expected data from China.
B90 raises £2m as it completes Emwys acquisition
Gaming marketing and service provider B90 Holdings announced on Friday that it had successfully raised £2m before expenses.
US investment fund agrees to buy Everton Football Club
Everton Football Club, the top flight English team, has been sold to a US investment fund, it was announced on Friday.
Insig AI discussing partnerships with several parties
Insig AI said in an update on Friday that it had continued to progress discussions with several parties in recent weeks in a bid to secure partnerships and distribution agreements.
London midday: FTSE maintains gains on China data
London stocks were still in the black by midday on Friday following the release of encouraging Chinese data.