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UK consumer confidence holds steady, but personal finance expectations
Consumer confidence in the UK remained stable in August, according to a closely watched GfK survey, as improving sentiment towards personal finances was offset by the first fall in economic expectations in six months.
US close: Stocks pull back ahead of Jackson Hole event
US stocks declined on Thursday as risk appetite was scaled back ahead of Federal Reserve chair Jerome Powell's hotly anticipated speech at the Jackson Hole economic symposium in Wyoming.
Friday preview: BoE and BoJ governors, Fed's Powell in focus
Investors' focus at the end of the week will be on the Jackson Hole Economic Symposium, with the governors of the Bank of England, Bank of Japan and the President of the US Federal Reserve due to deliver speeches.
Europe close: Stocks rise on rate-cut hopes after ECB minutes
The Stoxx 600 gained on Thursday despite a barrage of mixed economic data, with the stocks resuming their recent rally on rising hopes that central banks in Europe and the US will move to cut interest rates in September.
US existing home sales rebound, snap four months of declines
Existing home sales in the US rebounded slightly in July after a sharp drop the previous month, according to data out on Thursday from the National Association of Realtors.
Broker tips: Admiral, Derwent London, Segro
Jefferies upgraded Admiral on Thursday to 'hold' from 'underperform' and lifted its price target on the stock to 3,025. 0p from 2,300. 0p as it upped its earnings per share forecasts.
London close: Stocks mixed as investors look to Jackson Hole
London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Director dealings: Big Technologies CEO raises stake
Big Technologies revealed on Thursday that chief executive Sara Murray had acquired 100,000 ordinary shares in the AIM-listed technology firm.
FTSE 100 movers: JD Sports gains on Q2 results; L&G goes ex-div
London’s FTSE 100 was flat at 8,285. 99 in afternoon trade on Thursday.
US open: Stocks mixed as traders await Powell's Jackson Hole speech
Wall Street stocks were mixed early on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.
Peloton shares bounce after first quarterly growth in two years
Shares in Peloton Interactive raced ahead on Thursday after the struggling connected exercise equipment maker reported its first quarter of rising sales in more than two years.
Novacyt recovers £12.2m in VAT after settling DHSC dispute
Molecular diagnostics company Novacyt announced the successful recovery of £12. 2m in VAT from HM Revenue and Customs (HMRC) on Thursday.
Boston Fed president Collins signals her support for rate cuts
Boston Federal Reserve president Susan Collins suggested on Thursday that it would soon be appropriate for the Fed to initiate a cycle of interest rate cuts, indicating her likely support for a rate reduction at the central bank’s upcoming policy meeting.
FTSE 250 movers: Hays, Derwent London and Bank of Georgia in demand
The second-tier index was edging higher on Thursday with Hays, Derwent London and Bank of Georgia providing a lift, offsetting weakness among ex-dividend stocks.
Escher Group said to be plotting return to London stock market
Escher Group, a supplier of software to post offices around the world, is reportedly plotting a return to the London stock market six years after it was taken private.
US jobless claims rise by 4,000
Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 17 August, according to the Labor Department.
JPMorgan lifts Segro price target
JPMorgan Cazenove upped its price target on Segro on Thursday to 1,050p from 1,000p as it reassessed the outlook for the company following first-half results.
US pre-open: Futures little changed as traders look ahead to Jackson Hole
Wall Street futures were little changed ahead of the bell on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.
Advance Auto Parts to sell Worldpac to Carlyle for $1.5bn
Advance Auto Parts said on Thursday that it has agreed to sell Worldpac, its automotive parts wholesale distribution business, to private equity firm Carlyle for $1. 5bn in cash.
Guardian Metal reports positive drilling progress at Pilot Mountain
Nevada-focussed strategic mineral explorer Guardian Metal Resources updated the market on drilling at its flagship Pilot Mountain Project on Thursday, located in the Walker Lane Mineral Belt.