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UK retail footfall eases in May
UK retail footfall eased in May, industry research showed on Friday, despite the bank holiday weekends and improving weather.
US close: Dow falls for third straight day as investors await PCE data
US stocks finished firmly in the red on Thursday as indices continue to retreat from their recent record highs on the back of mixed economic data.
Directors dealings: Rolls-Royce non-exec picks up shares near record highs
Rolls-Royce non-executive director Dame Angela Strank picked up some shares in the engineer as its shares hit a fresh record high.
Broker tips: Currys, Trainline, Anglo American
Berenberg upgraded Currys on Thursday to ‘buy’ from ‘hold’ and lifted the price target to 90p from 67p as it said the electricals retailer was "a sound way to play the expected improvement in UK retail demand".
London close: Stocks reverse early losses ahead of US inflation data
London stocks reversed earlier losses in the next to last trading session of May, with Auto Trader pacing gains on the back of well-received results.
Europe close: Spanish banks push markets higher as inflation takes centre stage
European stocks registered gains on Thursday, with a huge surge by Spanish banks making up for more subdued performances elsewhere, as the Stoxx 600 index rebounded after recent heavy losses.
AIM-listed MicroSalt disappoints with maiden results
Shares in low-sodium salt maker MicroSalt tanked on Thursday after reporting higher losses and flat sales in 2023 in its maiden annual results as a listed company.
FTSE 100 movers: Auto Trader surges on results; Coca-Cola HBC goes ex-div
London’s FTSE 100 was up 0. 5% at 8,221. 28 in afternoon trade on Thursday.
JP Morgan stays at 'overweight' on EasyJet even as supply-demand balance returns
Analysts at J. P. Morgan sounded a positive note on shares of Easyjet following the recent share price weakness that had taken them back to the levels last seen during the previous month of December.
US open: Stocks sink as markets continue to retreat from record highs
US stock markets opened firmly lower on Thursday as elevated bond yields and a mixed outlook for the economy eroded investors' appetite for risk.
Dr Martens shares up on guidance hold, £25m savings plan
Shares in Dr Martens jumped as investors breathed a sigh of relief that trading at the troubled bootmaker had not gotten any worse since a profit warning last month, with guidance held and a new £25m cost-cutting plan offsetting a slump in annual revenue and operating profit as its US woes continued.
Friday preview: US, euro area inflation data in focus
All eyes at the end of the week will be on the latest inflation data out of the States, not least given the ongoing grind higher in government bond yields.
US Q1 GDP growth revised down on softer consumption
America's economy grew more slowly than previously thought at the turn of the year on the back of softer consumption.
Weekly US jobless claims tick higher
Jobless claims in the US edged up during the preceding week, but remained near record low levels.
Xtract Resources shares jump on JV expansion in Zambia
Xtract Resources saw its stock rise by a tenth on Thursday after the brownfield-focused mining company announced the addition of three large-scale exploration licences through its joint venture in north-west Zambia.
Insig AI shares surge on new deal, boardroom shake-up
The share price of data science and machine learning business Insig AI jumped on Thursday after the company announced a strategic partnership with an Estonian AI and blockchain company, as well an immediate shake-up of its board.
Europe midday: Shares rally on EZ data; TIM slumps
European shares shrugged off the global gloom on Thursday and rallied on the back of upbeat eurozone employment and economic sentiment data.
London midday: Stocks turn higher as Auto Trader rallies; US data eyed
London stocks had reversed earlier losses to trade up by midday on Thursday, with Auto Trader pacing the gains on the back of well-received results, as investors eyed US GDP and PCE figures.
Europe open: Shares fall as rising bond yields weigh; SAS slumps
European shares joined the global mood of misery on Thursday, following US and Asian markets into the red as rising bond yields weighed on equities and investors nervously eyed key US and eurozone inflation data on Friday.