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Bank holidays help UK retail sales inch higher in May
UK retail sales inched higher in May, staging a minor rebound after a disappointing performance in April, according to figures out on Tuesday from the British Retail Consortium and KPMG.
US close: Stocks mixed following Dow's big day
Wall Street stocks delivered a mixed performance on Monday after a big day for the blue-chip Dow Jones in the previous session.
London close: Stocks end down as GSK tumbles on litigation woes
London stocks reversed earlier gains to end down on Monday, with GSK weighing heavily on the top-flight index on the back of the latest US court ruling on its heartburn drug Zantac.
Europe close: Stocks pare gains as investors eye ECB meeting
European stocks finished off their highs on Monday but still managed to eek out a positive performance with the Stoxx 600 index rising for the third straight day.
Broker tips: AutoTrader, Pets At Home, National Grid, St James's Place, Quilter
Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
Director dealings: Victrex CEO ups stake
Victrex revealed on Monday that chief executive officer Jakob Sigurdsson has acquired 3,000 ordinary shares in the London-listed polymer solutions business.
NYSE technical glitch prompts trading halt on Berkshire Hathaway shares
The New York Stock Exchange announced on Monday that it had halted trading in a number of stocks after a temporary "price bands issue" caused certain share prices to tumble erroneously.
S&P US manufacturing PMI revised higher, ISM PMI edges lower
S&P Global's manufacturing index was revised higher to 51. 3 in May, up from a preliminary estimate of 50. 9 and last month's reading of 50.
Moody's lifts 2024 China growth forecast
Moody’s lifted its 2024 growth forecast for China on Monday to 4. 5% from 4% as it pointed out that first-quarter growth was boosted by trade and manufacturing activity.
FTSE 100 movers: JD Sports rallies; GSK hit by US Zantac ruling
London’s FTSE 100 was flat at 8,276. 38 in afternoon trade on Monday.
FTSE 250 movers: Pets at Home gets upgrade boost; Chilly for Baltic
FTSE 250 (MCX) 20,896. 33 0. 80%.
Shore Capital downgrades Auto Trader to 'sell'
Shore Capital has cut its recommendation for online car marketplace Auto Trader from 'hold' to 'sell', saying the stock's valuation is now stretched following a decent run in recent months.
US open: Stocks mixed as oil prices fall
Wall Street trading got off to a mixed start on Monday after a big day for the blue-chip Dow Jones in the previous session.
Germany's FTI Group files for insolvency as bookings slump
Europe’s third-largest tour operator FTI Group said it had filed for insolvency in the Munich regional court today, as it suffered from falling bookings.
Liberum upgrades Pets at Home to 'buy', shares surge
Pets at Home rallied on Monday as Liberum upgraded its stance on the shares to ‘buy’ from ‘hold’ and lifted the price target to 360p from 290p.
Frasers appoints former FRC, HMRC CEO Jon Thompson as non-exec
Mike Ashley’s Frasers Group said on Monday that it has appointed Sir Jon Thompson, former chief executive officer of the Financial Reporting Council, as a non-executive director.
Raspberry Pi hoping to raise £157m in London IPO
Low-cost single-board and modular computer maker Raspberry Pi announced on Monday that it is looking to raise around £157m in its stock-market debut in London next week.
US pre-open: Futures mixed as traders looks to build on last month's momentum
Wall Street futures were mixed ahead of the bell on Monday after a big day for the blue-chip Dow Jones in the previous session.
Europe midday: Shares hold gains with eyes on ECB rate decision
European markets were up as investors look ahead to the European Central Bank’s interest rate decision on Thursday, widely expected to be a 25 basis point cut.
London midday: Stocks stay up but GSK tumbles on Zantac court ruling
London stocks were still in the black by midday on Monday ahead of an expected rate cut by the European Central Bank this week, but GSK tumbled on the back of the latest US court ruling on its heartburn drug Zantac.