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US close: Stocks higher following July PCE numbers
Wall Street stocks closed higher on Friday as investors digested a key inflation reading.
Europe close: Stocks end mixed, investors eye German elections
European shares finished on a mixed note even after eurozone inflation fell sharply in August, boosting hopes that the European Central Bank would cut rates next month.
Broker tips: Grafton, Life Sciences REIT
Analysts at Berenberg hiked their target price on building materials company Grafton from 1,100. 0p to 1,200. 0p on Friday, citing an "attractive opportunity".
Weekly review
The FTSE 100 ended the week up 88. 63 points, or 1. 07%, closing at 8,376. 63 on Friday.
London close: Stocks mixed as investors digest US inflation reading
London markets ended Friday with mixed results as investors assessed a series of economic data from the UK and the US.
Director dealings: Sabre Insurance director raises stake
Sabre Insurance revealed on Friday that non-executive director Bryan Joseph had acquired 32,796 ordinary shares in the London-listed motor insurer.
US open: Stocks higher as traders digest July PCE reading
Wall Street stocks were in the green early on Friday as investors digested a key inflation reading.
FTSE 100 movers: Property stocks gain; Burberry in the red
London’s FTSE 100 was up 0. 1% at 8,384. 47 in afternoon trade on Friday.
US consumer sentiment little changed in August, University of Michigan says
Consumer confidence in the States was virtually unchanged in August, as Americans continued to try and anticipate the winner of the next presidential elections.
US PCE rises 0.2pc in July
The Federal Reserve Bank's preferred inflation gauge rose in July, according to the Commerce Department, in line with preliminary estimates.
Jefferies lowers target price on Life Science REIT
Jefferies cut its price target on real estate investment trust Life Sciences REIT from 45. 0p to 36. 0p following a visit to the group's Cambourne Science & Technology Park.
Eurozone inflation plunges to three-year low of 2.2% in August
Inflation in the eurozone inflation fell sharply to a three-year low in August, boosting hopes that the European Central Bank will cut interest rates at its next monthly meeting.
US pre-open: Futures trade higher ahead of PCE reading
Wall Street futures were in the green ahead of the bell on Friday as investors braced for a key inflation reading later in the day.
Primorus Investments invests in Pri0r1ty AI
Primorus Investments announced a new strategic investment on Friday, subscribing for 18,100,000 ordinary shares in Pri0r1ty AI for £0. 3m.
Europe midday: Shares off records, but EZ CPI fall boosts rate cut hopes
European shares were up at midday having hit a fresh intra-day record high on Friday as eurozone inflation fell sharply in August, boosting hopes that the European Central Bank would cut rates next month.
SIX Group studying options for financial data arm — report
Swiss stock market operator SIX Group is said to be examining options to potentially shake up ownership of its financial data arm.
Europe open: Stoxx hits record as eyes on EZ, US inflation data
European shares hit a record high on Friday as all eyes were on eurozone and US inflation data amid hopes that the European Central Bank and Federal Reserve would cut rates next month.
London midday: FTSE stays up ahead of US inflation reading
London stocks were still in the black by midday on Friday as investors digested a slew of UK data releases and looked ahead to a key US inflation reading.
ECR Minerals mulls expansion into US helium market
ECR Minerals, an exploration and development company traditionally focused on gold in Australia, announced on Friday that its board was exploring potential investments in producing helium assets in the United States.