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Sector movers: UK stocks caught up in volatility storm
UK stocks ended the week on a down note as a volatility storm hit equities around the world after another softer-than-expected reading on America's labour market.
US close: Stocks sharply lower for second-straight session
Wall Street stocks closed sharply on Friday amid resurgent fears of a potentially oncoming recession.
Week ahead: China foreign trade and inflation data, services PMIs in focus
The market spotlight over the coming week will shift to Asia.
Europe close: Another soft US jobs report stokes volatility and losses
European equities extended the previous session's sharp falls as another weak reading on US non-farm payrolls sparked talk - rightly or wrongly - of a 'policy error' by that country's central bank.
Broker tips: ITM Power, Coats Group, Ryanair
RBC Capital Markets reiterated its 'outperform' rating on ITM Power on Friday as it pointed to a "relatively attractive" risk/reward profile.
Weekly review
The FTSE 100 ended the week down 111 points, or 1. 34%, closing at 8,174. 71 on Friday.
London close: Stocks join global slide on fears of US recession
London stocks closed in negative territory on Friday as investors reacted to a weaker-than-expected non-farm payrolls report from the United States, indicating a sharp slowdown in hiring last month.
Director dealings: Robert Walters chair raises stake
Robert Walters revealed on Friday that chairman Leslie van de Walle had acquired 25,000 ordinary shares in the London-listed recruitment firm.
Iberdrola to buy 88% stake in Electricity North West for £2.1bn
Iberdrola said on Friday that it has agreed to buy an 88% stake in Electricity North West (ENW) in the UK for £2. 1bn.
Berenberg hikes target price on Coats following H1 numbers
Analysts at Berenberg raised their target price on thread and structural components manufacturer Coats Group from 100. 0p to 120. 0p on Friday as it said the group was "knitting it all together" during H1.
FTSE 100 movers: IAG flies higher after results; GSK in the black
London’s FTSE 100 was down 1. 3% at 8,178. 75 in afternoon trade on Friday.
US open: Stocks sharply lower as recession fears resurface
Wall Street stocks were firmly in the red at the opening bell on Friday amid resurgent fears of a potentially oncoming recession.
BoE's Pill argues against too quick pace of rate cuts
The Bank of England's chief economist cautioned against expectations for a quick a pace of interest rate cuts.
SkinBioTherapeutics secures £1.56m from new investors
SkinBioTherapeutics announced on Friday that it has secured an investment of £1. 56m on Friday, removing any uncertainty around its medium-term financing.
FTSE 250 movers: NCC surges on Fox Crypto sale; Tech trusts slump
FTSE 250 (MCX) 20,975. 87 -2. 25%.
US non-farm payrolls rise by 114,000 in July
Hiring in the US slowed abruptly last month, prompting talk in markets of 'policy mistakes' by the Fed and of a 'growth scare'.
US pre-open: Futures firmly in the red as recession fears reappear
Wall Street futures were firmly in the red ahead of the bell on Friday amid resurgent fears of a potential recession.
Europe midday: Chipmakers battered as Intel suspends dividend
European equities plunged again as part of the global selloff in sharemarkets continued on Friday, after weak US manufacturing data sparked fears of the world's biggest economy going into recession, while chipmakers were hit hard by Intel suspended its dividend and announced plans to slash its workforce.
ExxonMobil beats second-quarter earnings expectations
ExxonMobil announced second-quarter earnings above market forecasts on Friday, with the total coming in at $9. 2bn, or $2. 14 per share.
London midday: Stocks maintain losses amid US growth concerns, ahead of payrolls
London stocks were still in the red by midday on Friday as weak US data raised fears about the economy, and ahead of the release of the all-important non-farm payrolls report.