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US close: Major indices down as Meta weighs on stocks
Major indices closed lower on Thursday as Meta Platforms joined Alphabet in underwhelming the market with its quarterly earnings.
London close: Stocks hit by concerns about global growth
London stocks finished in the red on Thursday dragged lower by losses in Standard Chartered following its third-quarter results, amid weakness on Wall Street.
Sector movers. Precious metals' miners, lenders pace losses
Stocks fell as still high government bond yields and geopolitical worries continued to drag on investor sentiment.
Friday preview: US inflation data, NatWest Group in the spotlight
Investors' focus at the end of the week will be on two key inflation indicators due out in the U. S.
Director dealings: Touchstone Exploration CEO makes share sale
Touchstone Exploration revealed on Thursday that chief executive Paul Baay had offloaded 131,000 shares in the AIM-listed exploration and development firm.
Europe close: Stocks end off lows after dovish ECB meeting
Shares ended mostly lower, tracking losses on Wall Street, but ended the day off their lows.
Broker tips: Ibstock, Lloyds Banking
Analysts at Deutsche Bank lowered their target price on brick maker Ibstock from 170. 0p to 150. 0p on Thursday following the publication of the group's third-quarter trading update.
Evgen upbeat on start of glioblastoma research project
Clinical-stage drug developer Evgen Pharma announced on Thursday that it has partnered with Dr Marjolein Geurts, a neuro-oncologist at Erasmus University Medical Centre, to start a ground-breaking research initiative in glioblastoma.
FTSE 250 movers: Inchcape rallies; Dunelm goes ex-div
London’s FTSE 250 was down 0. 4% at 16,807. 08 in afternoon trade on Thursday.
Hipgnosis shareholders vote against $440m catalogue sale
Shareholders of music rights owner Hipgnosis have voted against the company’s planned $440m sale of a music catalogue to a group backed by private equity firm Blackstone.
US open: Stocks slip amid mixed economic data
Stocks on Wall Street were again trading lower on Thursday, as Meta Platforms joined Alphabet in underwhelming the market with quarterly earnings.
Tesco UK boss Jason Tarry to step down
Tesco said on Thursday that UK chief executive Jason Tarry will step down next March after more than 33 years at the company, to be succeeded by former Aldi executive Matthew Barnes.
Berenberg stays at 'hold' on Lloyds Banking
Analysts at Berenberg reiterated their 'hold' rating and 58. 0p target price on financial services giant Lloyds Banking Group on Thursday, stating it still sees better opportunities elsewhere.
US Q3 GDP jumps past forecasts, inflation slows
America's economy grew at an accelerated pace during the third quarter, bolstered by household spending, while price pressures ebbed further.
FTSE 100 movers: StanChart tumbles on results; Ocado recovers
London’s FTSE 100 was down 0. 5% at 7,376. 25 in afternoon trade on Thursday.
Deutsche Bank lowers target price on Ibstock
Analysts at Deutsche Bank lowered their target price on brick maker Ibstock from 170. 0p to 150. 0p on Thursday following the publication of the group's third-quarter trading update.
Weekly US jobless claims rise as expected
Jobless claims in the U. S. rose as expected during the preceding week, reflecting companies' efforts to hold onto workers.
ECB leaves interest rates on hold, as expected
The European Central Bank left interest rates on hold on Thursday, as widely expected, after 10 consecutive hikes.
Renewi tumbles as Macquarie says it won't make an offer
Renewi tumbled on Thursday after Macquarie Asset Management said it would not make an offer for the waste management firm.
PPHE Hotel Group Q3 revenues grow YOY
Hospitality real estate firm PPHE Hotel Group said on Thursday that third-quarter revenues had improved, with "robust rates and occupancy growth" driving momentum into Q4.