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Thursday preview: ECB, Amazon in focus
The market spotlight on Thursday would be on the European Central Bank.
US close: S&P 500, Nasdaq at five-month low as Alphabet shares tank
US equity markets dropped on Wednesday, though the Nasdaq bore the brunt of the selling pressure after the tech-heavy index was hammered by disappointing results from Google parent Alphabet.
Europe close: Indices reverse early losses, end mostly higher
European shares reversed early losses on Wednesday triggered by a 60% plunge in shares of French payments company Worldline.
London close: Stocks end choppy session mixed
London's stock markets closed with a mixed performance on Wednesday, as investors weighed a number of factors.
Firering kicks off second part of drilling campaign
Firering Strategic Minerals announced the start of the second part of its 5,000-metre auger drilling campaign on Wednesday at the Atex Lithium-Tantalum Project in Côte d’Ivoire.
Broker tips: Anglo American, IG Design
Analysts at Berenberg cut their target price on Anglo American on Wednesday from 2,600. 0p to 2,500. 0p, saying the miner's third-quarter production results had sparked "little joy".
US open: Wall Street mixed as Alphabet drags on Nasdaq
Wall Street was trading on a mixed note early on after some mixed reactions to quarterly earnings from heavyweights Alphabet and Microsoft.
FCA warns of common issues with crypto marketing
Financial watchdog the Financial Conduct Authority warned about common issues with crypto marketing on Wednesday after a change in legislation brought cryptoasset promotions under its remit.
Director dealings: Craneware chairman raises stake
Craneware revealed on Wednesday that chairman Will Whitehorn had acquired 1,600 ordinary shares in the AIM-listed software firm.
US new home sales surge in September
New home sales in the US came in at an accelerated clip in September, rising 12. 3% month-on-month to the highest level seen since February 2022.
Frasers Group lifts stakes in Boohoo, Asos
Mike Ashley’s Frasers Group went on a shopping spree on Wednesday, picking up more shares in both Boohoo and Asos.
FTSE 250 movers: Bytes Technology in the black; Essentra slides
London’s FTSE 250 was down 0. 4% at 16,923. 67 in afternoon trade on Wednesday.
CMA extends deadline for probe into Adobe's $20bn takeover of Figma
The Competition and Markets Authority said on Wednesday that it has extended the deadline to investigate Adobe’s $20bn takeover of private software firm Figma.
FTSE 100 movers: Lloyds gains on results; Reckitt tumbles
London’s FTSE 100 was up 0. 2% at 7,403. 93 in afternoon trade on Wednesday.
Aldermore said to have ditched plans to bid for Co-op Bank
Challenger bank Aldermore Group has reportedly ditched plans to bid for the Co-operative Bank after its owner's chief executive quit unexpectedly.
Canaccord Genuity reiterates 'buy' rating on IG Design
Analysts at Canaccord Genuity reiterated their 'buy' rating on consumer products manufacturer IG Design Group on Wednesday, saying the firm's interim trading update detailed "a robust financial performance" in what remain "challenging market conditions".
Creo Medical accelerating EU launch of Speedboat UltraSlim
Creo Medical Group announced the acceleration of its EU launch of the ‘Speedboat UltraSlim’ device by around 18 months on Wednesday.
Boeing narrows losses; cuts 737 Max delivery forecast
Boeing reported a narrowing of its third-quarter losses on Wednesday, as it cut its 737 Max aircraft delivery forecast due to production flaws.
Molecular Energies upbeat on its strategic shift
Molecular Energies updated the market on its ongoing activities on Wednesday, reporting significant developments in its Paraguay drilling project and a strategic pivot towards sustainable aviation fuel (SAF).
Hargreaves Services reports solid start to new financial year
Hargreaves Services said in an update on Wednesday that the services sector had a robust start to the year, as it boasted more than 60 term and framework contracts with clients.