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US close: Dow Jones snaps winning streak following Powell speech
Wall Street stocks delivered a mixed performance on Wednesday as investors digested comments from Federal Reserve chairman Jerome Powell.
London close: Retail stocks rise on mixed day for markets
London’s stock markets experienced a mixed day of trading on Wednesday after a robust performance from the retail sector, led by gains from Marks and Spencer.
Europe close: Stocks broadly higher as oil prices drop
European stocks mostly advanced on Wednesday as another drop in oil prices helped sentiment – though London's FTSE 100 was the only major index not to register gains.
Mortgage applications rise 2.5% as rates drop
Mortgage applications in the US jumped last week as fees on borrowing dropped in the wake of data showing a softening labour market, though levels still remain a low levels.
B90 shifting focus on B2B, away from its own consumer brands
Gambling marketing and service provision company B90 announced a strategic shift in its operations on Wednesday, focusing on its core business-to-business (B2B) activities and relaunching its flagship brand, Bet90.
Director dealings: Keywords Studios director makes share purchase
Keywords Studios revealed on Wednesday that non-executive director Don Robert had acquired 4,849 ordinary shares in the AIM-listed video game industry services company.
US open: Stocks mixed as traders digest Powell comments
Wall Street trading got off to a mixed start on Wednesday as investors digested comments from Federal Reserve chairman Jerome Powell.
Powell keeps quiet on Fed policy, but urges "flexible" approach to forecasting
Federal Reserve chair Jerome Powell gave no hints at future monetary policy in an eagerly awaited speech in Washington on Wednesday, but did call on economists to be "flexible and dynamic" in their assessments of the economic outlook.
First Property Group expects to report interim loss
Property investor First Property Group said on Wednesday that it expects to report an interim loss, principally as a result of its interest in Fprop Opportunities.
Trident Royalties acquires New World Resources
Mining royalty company Trident Royalties has agreed to purchase ASX-listed New World Resources in order to acquire a net smelter return royalty on all metal production from its flagship Antler copper project.
FTSE 100 movers: M&S lifts retailers, but financial and mining stocks fall
High street stalwart Marks & Spencer on Wednesday reinstated its dividend and delivered a 56. 2% rise in first-half profits, causing shares to surge over 10%.
Luceco makes significant investment in eEnergy
Wiring accessories, EV chargers, LED lighting and portable power supplier Luceco, announced a significant investment in eEnergy Group on Wednesday.
Europe midday: Shares extend losses as oil, China weigh
European shares extended losses as weaker oil prices and poor China data depressed sentiment.
Trinity Exploration makes progress at Jacobin oil discovery
Trinity Exploration updated the market on its operations at the Jacobin oil discovery in Trinidad and Tobago on Wednesday.
Secure Trust net lending increases in Q3
Specialist lender Secure Trust Bank said on Wednesday that both net lending and deposits had increased in the three months ended 30 September.
Berenberg lowers target price on ITM Power
Analysts at Berenberg lowered their target price on energy storage and clean fuel company ITM Power from 90. 0p to 80. 0p on Wednesday, stating it now anticipates seeing slower than previously expected production ramp-up.
US pre-open: Futures little changed ahead of Powell speech
Wall Street futures were flat ahead of the bell on Wednesday as investors looked ahead to potentially market-moving comments from Federal Reserve chairman Jerome Powell.
London midday: Stocks struggle for direction as risk appetite declines
The UK stock market was more or less flat on Wednesday as strong gains in retail, led by Marks & Spencer, were offset by falls in the financial and mining sectors.