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Weekly review
The FTSE 100 ended the week down 73. 6 points, or 0. 89%, closing at 8,164. 12 on Friday.
Week ahead: UK, French elections, US jobs report in focus
Politics will overshadow the release of the US jobs report this week as weary citizens vent their frustrations at the ballot box.
Europe close: Investors play it safe ahead of French vote
European shares were mostly lower on Friday as investors played it safe ahead of the first round of the French legislative elections on Sunday.
London close: Stocks fall as US inflation pressures ease
London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.
Broker tips: WPP, Moonpig
Citi has reiterated its 'buy' call on advertising and media giant WPP after the company rejected a KKR bid to take control of its corporate PR firm FGS Global.
US open: S&P 500 and Nasdaq Composite at record highs at Q2's end
Wall Street's main market indices were trading at or near record highs at the end of the second quarter.
FTSE 250 movers: Auction Tech slides; Moonpig surges on Berenberg upgrade
FTSE 250 (MCX) 20,308. 45 -0. 11%.
High prices and weakening incomes weigh on US consumer confidence
The impact of high prices and softer incomes on personal finances is what worried Americans most in June, the results of a closely followed survey revealed.
Cineworld said to be leaning towards CVA
The owners of Cineworld are reportedly leaning towards putting its British operations through a formal restructuring process after holding initial talks about a sale with prospective buyers.
Director dealings: Odyssean non-exec invests, Vertu CEO's wife sells shares
Among the director dealings disclosed to the market on Friday were two involving Odyssean Investment Trust and Vertu Motors.
FTSE 100 movers: JD Sports hit by Nike results; WPP also falls
London’s FTSE 100 was up 0. 2% at 8,197. 27 in afternoon trade on Friday.
Ethernity secures $1.05m licence agreement
Data processing semiconductor technology specialist Ethernity Networks announced on Friday that it had secured a $1. 05m licence agreement with a new tier one US-based aerospace system products provider.
Mirriad flags weaker first-half revenue
Virtual product placement and in-content advertising specialist Mirriad said in an update on Friday that it expected revenue for the first half to be around £0. 4m, down from £0. 59m in the first six months of the 2023 financial year.
US consumer spending for May comes in softer than expected, PCE price gains slow
Americans spent a bit less than anticipated last month even as price pressures slowed as anticipated.
European drugs body backs Moderna jab
Europe’s drug regulator has backed Moderna’s novel vaccine for respiratory syncytial virus, the US pharmaceutical firm announced on Friday.
Berenberg lifts Moonpig price target
Berenberg lifted its price target on Moonpig on Friday to 280p from 265p as it said the strategic initiatives implemented by management are bearing fruit.
UK banking customers hit by pay day IT glitches
A raft of UK banking customers were hit with payment delays on Friday, after a number of high street lenders suffered IT glitches.
MediaZest reports improvement in first-half revenue, losses
Creative audio-visual specialist MediaZest reported a significant improvement in both revenue and its losses in its first-half results on Friday.
Europe midday: Shares on the up ahead of US data
European shares were higher on Friday as investors digested stronger-than-expected UK GDP figures, regional inflation data and awaited US personal consumption figures later in the day.
London midday: FTSE maintains gains after GDP data, ahead of US inflation
London stocks were still in the black by midday on Friday as investors mulled better-than-expected UK GDP data and looked ahead to a key US inflation reading.