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US close: Tech stocks push indices to new record highs
US stocks put in decent gains on Monday with the S&P 500 and Nasdaq both setting new record highs once again as equities in the tech sector put in a decent performance.
Tuesday preview: US retail sales, Reserve Bank of Australia in focus
The market spotlight on Tuesday will be on US industrial production and retail sales figures for the month of May.
Sector movers: Stocks mixed amid political uncertainty
It was a mixed day out on the FTSE 350 amid losses for both cyclicals and defensives amid the ongoing political uncertainty ahead of elections on either side of the Channel.
Director dealings: Ecora executives buy shares, Card Factory CEO covers tax bill
Ecora Resources and Card Factory both announced significant transactions involving their directors on Monday.
Europe close: Stocks reverse earlier losses to end up
European shares reversed earlier losses to end up on Monday, with Topdanmark surging ahead after Finnish insurer Sampo agreed to buy its Danish rival for $4. 7bn.
US open: Stocks flat to slightly higher; Empire State manufacturing in focus
US stocks were flat to slightly higher in early trade on Monday following record highs last week.
London close: Stocks mixed ahead of key UK inflation data
London stocks ended Monday with a mixed performance as renewed concerns over French political uncertainty weighed on investors' minds.
Cornish Metals agrees sale of Nickel King Property
Cornish Metals announced on Monday that it has entered into a binding letter of intent with Northera Resources for the sale of its 100% interest in the Nickel King and Opescal Lake properties, collectively known as the Nickel King Property.
FTSE 100 movers: Utilities, miners in the red
London’s FTSE 100 was down 0. 2% at 8,127. 26 in afternoon trade on Monday.
FTSE 250 movers: Aston Martin goes into reverse after Jefferies cuts TP
FTSE 250 (MCX) 20,144. 33 0. 12%.
Broker tips: SSP, Rentokil, Aston Martin
Goldman Sachs downgraded SSP on Monday to ‘sell’ from ‘neutral’ "on a relative basis" as it took a look at European travel concessions.
Home REIT debt refinancing talks collapse
Talks to renegotiate Home REIT’s £130m debt pile have collapsed, meaning the struggling social housing fund will have to sell more properties to pay back lenders.
NY Empire State manufacturing index contracts again
Manufacturing activity in the state of New York weakened again in June, according to a survey released on Monday.
Invinity inks battery sale with PowerFlex in California
Invinity Energy Systems announced a significant sale of 4 MWh to PowerFlex, part of EDF Renewables North America, on Monday.
Jefferies cuts Aston Martin price target, shares slump
Jefferies cut its price target on Aston Martin Lagonda shares on Monday to 250p from 275p as it pointed to reduced earnings and delayed deleveraging.
Adidas shares drop on bribery allegations in China
Shares in Adidas fell sharply on Monday after the German sports apparel and footwear manufacturer said it was investigating allegations of bribery in China.
Lexington Gold upbeat on assay results from Jennings-Pioneer project
Explorer and developer Lexington Gold announced positive assay results from its recent drilling programme at the Jennings-Pioneer Project in South Carolina on Monday.
London midday: Stocks dip as investors eye UK inflation, BoE
London stocks had dipped into the red by midday on Monday as worries about French political uncertainty crept in again, and as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
Europe midday: Shares slip into red on French political risk
European shares slipped into the red on Monday as investors digested mixed economic data from China, a $4. 7bn bid for Topdanmark from Finnish insurer Sampo and the start of the French national election campaign.
Mind Gym confident despite swinging to losses
Mind Gym reported on a challenging year in which it swung to losses on Monday, while also outlining a new strategy aimed at medium-term growth and profitability.