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UK consumer confidence pushes higher - GfK
UK consumer confidence strengthened in June, a long-running survey showed on Friday, as hopes for the economic recovery gained ground.
US close: S&P 500, Nasdaq pull back from records as Nvidia drops late on
US stocks finished mixed on Thursday with the Dow closing higher but the S&P 500 and Nasdaq retreating from record highs as Nvidia swung sharply into the red in afternoon trade.
Friday preview: Global PMIs, UK retail sales, in focus
Investors' focus at the end of the week will be on a raft of preliminary survey results, covering the month of June, for manufacturing and services sector activity in the UK, euro area and US.
Europe close: Stocks rise strongly as investors digest central bank meetings
European stocks rose strongly on Thursday after Switzerland cut interest rates for the second time this year, and expectations build that the Bank of England will follow suit at its next meeting.
Ocado tanks as Canadian partner Sobeys pauses launch of Vancouver warehouse
Ocado tumbled on Thursday as it said the planned launch of North American partner Sobeys' customer fulfilment centre in Vancouver had been paused and that the two have agreed to end terms related to mutual exclusivity.
London close: Stocks rise as BoE holds interest rates
London stocks ended Thursday on a positive note following the Bank of England's decision to maintain interest rates, aligning with market expectations despite the backdrop of decreasing inflation.
Director dealings: M&G chair invests, Investec director offloads shares
Among the director dealings were disclosed to the market on Thursday were two involving executives from M&G and Investec Group.
Interpath in advanced talks to buy KPMG’s French restructuring arm - report
Interpath Advisory is reportedly in advanced talks to buy KPMG’s restructuring division in France, with a deal possible as soon as next month.
US housing starts and building permits drop to four-year lows
Both housing starts and building permits in the United States dropped sharply in May to their lowest levels since mid-2020, according to data released on Thursday.
Avacta Group appoints new non-executive chair
Life science company Avacta Group announced the appointment of Shaun Chilton as its non-executive chairman on Thursday, succeeding Eliot Forster, who was stepping down from the board with immediate effect.
Broker tips: SSP, Spectris, YouGov
Berenberg downgraded its stance on shares of Upper Crust owner SSP to ‘hold’ from ‘buy’ on Thursday and cut the price target to 180p from 280p as it said first-half results outlined earnings risks.
Strix reports promising signs of kettle control market recovery
Kettle safety and water technology specialist Strix issued an optimistic update on Thursday, reporting promising signs of recovery in the kettle controls market as the peak season approached.
US jobless claims fall less than expected
First-time claims for unemployment benefits in the United States slipped slightly last week but came in above expectations and remained close to their highest since last summer.
FTSE 100 movers: DS Smith in the black; Ocado tumbles
London’s FTSE 100 was up 0. 6% at 8,252. 48 in afternoon trade on Thursday.
US open: Tech stocks lift markets as data barrage misses forecasts
US stocks pushed tentatively higher on Thursday morning after a raft of economic data missed expectations, with an ongoing rally from Nvidia continuing to propel the S&P 500 and Nasdaq to new records.
Bank of England leaves rates on hold
The Bank of England left interest rates on hold on Thursday, as widely expected, despite falling inflation.
Berenberg downgrades SSP to 'hold'
Berenberg downgraded its stance on shares of Upper Crust owner SSP to ‘hold’ from ‘buy’ on Thursday and cut the price target to 180p from 280p as it said first-half results outlined earnings risks.
Energean to sell Med portfolio to Carlyle for up to $945m
Energean said it had signed a deal to sell its portfolio in Egypt, Italy and Croatia to Carlyle Group for an enterprise value of up to $945m, with the private equity firm setting up a separate company to be chaired by former BP Chief Executive Tony Hayward.
Europe midday: Shares up as Swiss slice rates; UK, Norway hold
European shares held gains on Thursday as Switzerland cut interest rates for the second time this year while the UK and Norway held firm.