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Week ahead: US presidential debate, CPI in the spotlight
The key risk event for financial markets over the coming week will be Tuesday's televised presidential election debate in the US between Donald Trump and Kamala Harris.
Europe close: Stocks slump after weaker-than-expected US payrolls data
European stocks ended down sharply and at their session lows following the release of a weaker-than-expected US jobs report when revisions are included.
US non-farm payrolls grow by 142,000 in August, miss forecasts
Job growth in the US picked up only a little in August.
Weekly review
The FTSE 100 ended the week down 195. 16 points, or 2. 33%, closing at 8,181. 47 on Friday.
London close: Stocks slip as US non-farm payrolls undershoot
London stocks ended lower on Friday, as disappointing US jobs data weighed on investor sentiment.
Director dealings: Genus chairman snaps up shares
Genus revealed on Friday that chairman Iain Ferguson had acquired 3,500 ordinary shares in the FTSE 250-listed biotechnology group.
Broker tips: Melrose Industries, Zephyr Energy, Entain
Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500. 0p price target, noting that a strong aftermarket narrative supported its belief that profit and loss would come in 6-10% above consensus by 2027.
FTSE 250 movers: Endeavour on the rise; Indivior tumbles
London’s FTSE 250 was down 1% at 20,563. 22 in afternoon trade on Friday, with no obvious rhyme or reason for any of the moves.
FTSE 100 movers: Experian in the black; Vistry gives back some gains
London’s FTSE 100 was down 0. 2% at 8,229. 33 in afternoon trade on Friday.
US open: Stocks mixed as traders digest NFP data
Wall Street stocks were mixed early on Friday as traders digested last month's all-important nonfarm payrolls report.
Morgan Stanley initiates Melrose Industries at ‘equalweight’
Morgan Stanley initiated coverage of Melrose Industries on Friday at ‘equalweight’ with a 500 price target.
Watchdog to probe GXO's takeover of Wincanton
The UK competition watchdog has launched a merger inquiry into GXO Logistics’ £762m acquisition of Wincanton, it was confirmed on Friday.
US pre-open: Futures lower ahead of NFP report
Wall Street futures were pointing to further losses ahead of the bell on Friday as traders patiently awaited the release of last month's all-important nonfarm payrolls report.
Google abusing dominant position in online advertising - CMA
The UK competition watchdog has accused Alphabet’s Google of using its dominant position in digital advertising to hinder competition and favour its own services.
Caring reportedly nearing £1bn deal to sell The Ivy Collection
Richard Caring, the billionaire businessman known for his ownership of high-end London restaurants, was reportedly nearing a deal to sell a controlling stake in The Ivy Collection on Friday.
London midday: FTSE stays down ahead of payrolls
London stocks were still weaker by midday on Friday as investors eyed the release of the all-important non-farm payrolls report and mulled the latest UK house price data.
Europe midday: Stocks stay down after uninspiring data, ahead of payrolls
European stocks were still in the red by midday on Friday as nervousness crept in ahead of the key US non-farm payrolls report and after the release of uninspiring eurozone and German data.
Eurozone GDP growth revised down
The Eurozone economy expanded only marginally in the second quarter, official data showed on Friday, as growth struggled to take hold.
Digital 9 warns of valuation slide, shares fall
Shares in Digital 9 Infrastructure fell on Friday, after the investment trust warned of a sharp slide in its portfolio valuation.
'Sell the rip' if US August payrolls print below 100,000, BoA's Hartnett says
A hard landing in the US is still most likely on the cards, a top-rated Bank of America strategist said.