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US close: Stocks rebound from Monday's sell-off
Wall Street stocks closed higher on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier.
Sector movers: Rolls Royce jumps, miners down on another 'unusual' day of losses in gold
UK stocks stabilised on Tuesday even as analysts and investors tried to determine whether or not recent losses in global stock markets were a simple correction or if more losses lay immediately ahead.
Europe close: Stocks stage small rebound after global sell-off
European stocks edged higher on Tuesday after dropping to a six-month low the previous session, though the rebound was relatively mild with investor confidence still dampened by the dramatic sell-off across global equity markets.
Wednesday preview: Chinese foreign trade, Legal & General in focus
Financial markets' attention will shift to outside the US on Wednesday, barring surprises.
London close: Stocks make small rebound from Monday's losses
London stocks ended Tuesday on a positive note, with key indices recouping some losses from the previous session’s sharp selloff.
Broker tips: Rolls-Royce, YouGov, Endeavour Mining
Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535. 0p from 475. 0p "after another set of strong results".
Director dealings: Steppe Cement CEO raises stake
Steppe Cement revealed on Tuesday that chief executive Javier del Ser Perez had acquired 300,000 ordinary shares in the AIM-listed cement production and sale business.
FTSE 250 movers: Keller surges; Domino's takes a hit
London’s FTSE 250 was up 0. 6% at 20,357. 12 in afternoon trade on Tuesday.
Fuller, Smith & Turner snaps up Warwickshire pub chain for £22.5m
Fuller, Smith & Turner has announced the acquisition of seven Warwickshire pubs with the £22. 5m takeover of Lovely Pubs.
US open: Stocks higher following Monday's sell-off
Wall Street stocks were in the green early on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier.
FTSE 100 movers: Rolls-Royce rallies on JPM note; Rightmove slumps
London’s FTSE 100 was flat at 8,006. 20 in afternoon trade on Tuesday.
US trade deficit shrinks less than expected
The US trade deficit narrowed in June, pulling back from its highest level in 20 months, according to the Bureau of Economic Analysis, but still came in above market forecasts.
RBC Capital downgrades Endeavour Mining to ‘sector perform’
RBC Capital Markets downgraded Endeavour Mining on Tuesday to 'sector perform' from ‘outperform' given its cautious view around rising operational and geopolitical risk, which it noted comes amid significant management changes this year.
Caterpillar beats profit forecasts despite revenue fall
Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.
Uber beats expectations with strong second-quarter growth
Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-year growth across its key business segments.
Epwin Group flags stable first-half performance
Energy-efficient and low-maintenance building products manufacturer Epwin Group reported a stable first-half performance on Tuesday, with underlying operating profit in line with both the strong prior year comparative and the board’s expectations.
US pre-open: Futures higher following Monday's sell-off
Wall Street futures were in the green ahead of the bell on Tuesday as major indices look to bounce back from heavy losses recorded across global markets in the previous session.
Airea reports decline in sales amid challenging market
Specialist flooring company Airea reported a 5. 6% year-on-year decline in sales for the first half on Tuesday, reflecting a challenging market environment.
Zotefoams reports record first-half sales performance
Cellular materials technology specialist Zotefoams reported record financial results for the first half on Tuesday, driven by strong sales and significant growth in its high-performance products (HPP) division.
Apax Global Alpha updates NAV, announces Thoughtworks privatisation
Apax Global Alpha (AGA), a London-listed investment company providing access to Apax private equity funds, updated the market on its portfolio on Tuesday, announcing the privatisation of Thoughtworks and its estimated adjusted net asset value as of the end of June.