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US close: Stocks mixed as bond yields surge on ISM data
US stocks finished flat on Monday despite a last-minute deal in Washington to avert a government shutdown, as bond yields surged on the back of yet more promising economic data.
Tuesday preview: U.S: JOLTS report, Boohoo in focus
Financial markets' attention on Tuesday would be on the U. S. jobs market.
Sector movers: Electricity stocks hit by jump in Gilt yields
Lawmakers on Capitol Hill narrowly avoided a government shutdown at the weekend - at least for now.
Europe close: Stocks dip amid weak PMIs, rising bond yields
European equities dropped into the red on Monday despite a positive start, as a raft of manufacturing surveys across the continent continued to paint a gloomy picture.
London close: Stocks sink as manufacturing data weighs
London's stock markets faced significant downturns at the close of trade on Monday, with both the FTSE 100 and the FTSE 250 indices ending the session in negative territory.
Director dealings: Eqtec and Advanced Medical Solutions disclose purchases
Two AIM-traded companies disclosed significant director dealings on Monday, with Eqtec and Advanced Medical Solutions reporting purchases.
FCA slaps ADM Investor Services with £6.47m fine
Broker ADM Investor Services has been fined £6. 47m by the financial services watchdog for failing to have adequate anti-money laundering systems and controls.
US factory activity slows less quickly in September, ISM says
Activity levels in America's factory sector continued to shrink last month, albeit at a slower pace than in August, the results of a closely followed survey revealed.
US open: Stocks off to a mixed start in Q4
Wall Street's main market gauges were trading on a mixed note at the start of the fourth quarter, with Treasuries unloved even after the US narrowly avoided a government shutdown over the weekend.
Broker tips: BAE Systems, BT, Future
Berenberg upgraded defence contractor BAE Systems on Monday to ‘buy’ from ‘hold’ and lifted the price target to 1,170p from 1,050p.
Futura Medical wins European patent for erectile dysfunction gel
Sexual health specialist Futura Medical announced the successful acquisition of an EU patent for its MED3000 topical erectile dysfunction product on Monday.
FTSE 250 movers: Pennon, PageGroup push higher
London’s FTSE 250 was down 1. 3% at 18,034. 06 in afternoon trade on Monday.
Next CFO Amanda James to step down next year
Clothing and homeware retailer Next said on Monday that chief financial officer Amanda James plans to step down from the board in July 2024 after 28 years with the company.
Orcadian raises £0.35m for proposed farm-in deals
Orcadian Energy announced the raising of £0. 35m on Monday to help fund the expenses of its proposed farm-in agreements.
Versarien reports strategic progress, begins full-year audit planning
Advanced materials engineering specialist Versarien reported progress with its strategic goals on Monday, having cut its costs as announced on 4 July with its narrowed EBITDA loss.
FTSE 100 movers: United Utilities, BAE Systems gain
London’s FTSE 100 was down 0. 6% at 7,560. 77 in afternoon trade on Monday.
Greencoat Renewables to buy another 22.5pc of Butendiek wind farm
Greencoat Renewables announced plans to purchase an additional 22. 5% share in the Butendiek offshore wind farm on Monday.
Birkenstock plans for New York IPO with valuation of up to $9.2bn
German premium footwear company Birkenstock announced on Monday its plans for a New York initial public offering (IPO) with a target valuation of up to $9. 2bn, according to a report from CNBC.
Berenberg upgrades BAE Systems to 'buy'
Berenberg upgraded defence contractor BAE Systems on Monday to ‘buy’ from ‘hold’ and lifted the price target to 1,170p from 1,050p.
Horizonte shares slide as it warns of Araguaia cost increase
Nickel company Horizonte Minerals updated the market on the progress of the engineering and construction design for Line 1 of its fully-owned Araguaia Nickel Project on Monday.