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US close: Nvidia pushes S&P 500 and Nasdaq higher, but Dow drops
The Dow finished lower on Tuesday while the S&P 500 and Nasdaq rebounded after a three-day losing streak as Nvidia's recent falls came to an end.
Europe close: Airbus woes and political uncertainty weigh on market
Heavy falls from Airbus and the rest of the aerospace sector hit stock markets across Europe on Tuesday, while growing uncertainty ahead of next week's first round of snap elections in France kept a lid on risk appetite.
London close: Stocks finish lower after Airbus profit warning
London stocks ended Tuesday in negative territory, influenced by significant losses in key sectors following a profit warning from Airbus.
Carnival raises full-year guidance, shares pop
Carnival posted better-than-expected second quarter results and raised its full-year guidance on the back of a record cumulative booked position for 2024.
Tesla to recall more than 23,000 Cybertrucks
Electric car giant Tesla is recalling more than 23,000 Cybertrucks due to potential issues with their windshield wipers and trunk bed trims.
Broker tips: Segro, Admiral, Rolls-Royce
Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
Director dealings: Aviva non-exec invests, Britvic director covers share award costs
Among the director dealings disclosed to market on Tuesday, Aviva announced that T Neil Morrison, a non-executive director, haad purchased a substantial number of shares in the company.
FTSE 250 movers: Ocado hit by broker note; Bodycote, Babcock fall
London’s FTSE 250 was down 0. 9% at 20,377. 54 in afternoon trade on Tuesday.
Citi ups target for Segro on improving macro outlook
Citi has raised its target price for Segro from 1,069p to 1,149p and reiterated a 'buy' rating, hailing the industrial real estate group's structural growth ahead of an upcoming expected fall in interest rates.
US consumer confidence little changed in June thanks to jobs market
Americans' confidence in the economy was little changed in June thanks to robust jobs markets, the results of a survey found.
US open: Markets mixed as Nvidia rebounds, Boeing drops
US stock markets opened mixed on Tuesday with the Dow in the red but the S&P 500 and Nasdaq snapping a three-day losing streak as Nvidia rebounded after recent falls.
FTSE 100 movers: Admiral boosted by upgrade; Melrose, Rolls-Royce slump
London’s FTSE 100 was down 0. 3% at 8,258. 89 in afternoon trade on Tuesday.
US house prices hit fresh high in April, S&P says
US house prices hit fresh record highs in April, the results of a closely-followed survey revealed.
Europe midday: Merck, Airbus lead losses as markets fall
European stocks were firmly lower by the midday mark in Frankfurt as heavy falls in the aerospace and pharmaceuticals sectors weighed on indices across the continent.
Wednesday preview: US new home sales, German consumer confidence in focus
Investors' focus in the middle of the week will be on the US housing market.
Elementis shareholder Gatemore calls for strategic review
Elementis shareholder Gatemore Capital Management said on Tuesday that if the company does not launch a strategic review, accelerate its cost-savings programme and replace its chief executive, it may seek to oust the chairman.
Britvic suspends £75m share buyback after Carlsberg offer
Britvic said on Tuesday that it was suspending its £75m share buyback after rejecting a £3. 1bn takeover proposal from Danish brewer Carlsberg.
Merck shares plunge on failure of cancer drug trial
Shares of German chemical and pharmaceutical firm Merck were falling sharply on Tuesday, after it announced that a trial for its head and neck cancer drug xevinapant had been halted due to a lack of efficacy.
Airbus cuts profit guidance on Space, lowers jet delivery forecast
Airbus warned of a hit to its bottom line and cash flow as a result of charges incurred on certain of its space activities.
Deutsche Bank downgrades Airbus to ‘hold’ after profit warning
Deutsche Bank downgraded Airbus to ‘hold’ from ‘buy’ on Tuesday after the company cut its earnings guidance and delivery targets on Monday.