Market Pulse
US close: Shares end sharply lower on growth concerns; biotech sector weighs
US stocks fell sharply on Monday as disappointing Chinese data reignited growth concerns and weakness in the biotechnology sector weighed on the broader market.
Liberty Global seen hiking stake in ITV
A spike in ITV shares late in the trading session appeared to have been provoked by reports that Liberty Global's billionaire chief John Mallone might be more minded to pursue the acquisition of small mobile networks now that a tie-up with Vodafone was off the table.
BoE to publish stress test results in December
The Bank of England will release results of its annual stress test on Britain's seven biggest banks and building societies on 1 December, the central bank revealed on Monday.
Bonds: Gilts, US Treasuries get haven bid
These were the movements in some of the most widely followed 10-year sovereign bond yields:.
Bank of England to raise rates mid-2016, CEBR estimates
The Bank of England will hold back on raising interest rates until mid-2016, according to new forecasts from the Centre for Economics and Business Research (CEBR) on Monday.
Sector movers: Miners drag London market lower as Glencore takes a tumble
Mining stocks dragged the London market lower on Monday, with Glencore and Anglo American feeling the effects of headwinds from a troubled commodities market.
Market overview: Glencore closes just off day's lows
1630:Close By the looks of things on Monday, optimism on the US economy following Yellen’s speech on 24 September did not seem to last for too long. Three-month copper closed down by 1. 8% at $4,956 per metric tonne on the LME. Some market commentary cited data showing that in August Chinese industrial profits declined at their fastest annual pace in four years as one possible trigger for the weakness. Stateside, the president of the New York Fed, William Dudley, joined the chorus of US rate-setters who believe a rate hike later this year is likely.
FTSE 250 movers: Slump in commodities pulls mining stocks lower
The FTSE 250 dropped 1. 11% at the close, with Kaz Minerals the biggest faller on the London index as commodity prices declined.
London close: Stocks led lower by mining shares as commodity prices drag
The FTSE 100 was dragged lower by a slump in mining stocks following weak Chinese data and broadly bearish sentiment in the commodities market.
Commodities: Oil benchmarks shed gains, gold and base metals slide further
Oil benchmarks returned to negative territory on Monday, while gold and base metal futures slid further down as the wider commodities market continued to grapple with weak fundamentals and lacklustre demand from China.
Broker tips: Glencore, BAE Systems, Speedy Hire
Glencore shares tumbled on Monday on the back of a fairly downbeat assessment from Investec, which warned the stock holds little value for shareholders.
Europe close: Stocks tumble as disappointing Chinese data fuels fear of slowdown
European equity markets began the week on a downbeat note, extending early falls as growth concerns resurfaced following disappointing Chinese data as auto stocks continued to slide.
Tuesday preview: Wolseley reports full-year results, German inflation data released
Building materials distributor Wolseley reports its full-year results on Tuesday with analysts predicting a 14% increase in earnings to £833m.
Dallas Fed manufacturing index remains in contraction territory in September
Manufacturing activity in Texas was "essentially flat" in September, according to official data released on Monday.
MJ Gleeson hikes dividend as land sales boost annual results
Urban regeneration and land trading group MJ Gleeson reported an increase in annual pre-tax profits and revenues, on the back of strong land sales and a solid housing market.
FX Roundup: Dollar dominates EM, commodities linked currencies
The dollar continued to trade higher against emerging market and commodities-linked currencies on Monday, while the pound registered a rise versus the euro but slid against the dollar.
US pending home sales decline to five-month low in August
US pending home sales fell unexpectedly last month to reach their lowest-level in five months, data released on Monday showed.
European equities will close up into year-end, says JPMorgan
Now that European equities have re-tested the year-to-date lows seen in August, JPMorgan Cazenove said investors should still be looking for stocks to close higher into year-end.
US open: Dow slides 120 points as Chinese data disappoints yet again
US equity markets fell early on Monday, as Wall Street remained wary of the slowdown in the Chinese economy.
Bernstein ups BAE Systems, cites attractive international positioning
Bernstein upgraded BAE Systems to ‘outperform’ from ‘market perform’, with an unchanged price target of 545p.