Market Pulse
US close: Stocks end higher as volumes begin to drop ahead of Christmas
US stocks closed higher on Monday, recouping some of the losses incurred during the two-day slump at the end of last week, as investors shrugged off weak oil prices.
Sector movers: Miners recover as oil slump hits London market
Resource stocks recovered on Monday following a further uptick in metal prices, but primary London market indices began the week lower in wake of the ongoing oil price decline.
FX Roundup: Euro gains while dollar sees mixed trading
The dollar saw mixed trading against a basket of global currencies on Monday, while the euro notched upticks over a slow session in Europe.
Commodities: Brent oil futures contract plummets to 11-year low
Oil futures took a pounding on Monday in the face of a stronger dollar and entrenched oversupply sentiment.
Europe close: Oil price at 2004 lows weighs on stocks
European stocks ended the session in the red following an initial sprint higher on news that China´s CIC (China Investment Corporation) sovereign wealth fund was considering investing into German companies, tracking a poor start to trading on Wall Street as a lower oil price weighed on sentiment.
Martin Shkreli fired at KaleBios CEO
The so-called most hated man on the internet was back in the headlines on Monday, as he was fired from an executive post he appointed himself to, after his arrest by federal investigators in New York last week.
London close: Stocks end lower as oil prices weigh
The UK equity market reversed gains throughout Monday's session to finish lower as oil prices slid.
Republican Lindsey Graham quits presidential race
Republican presidential candidate Lindsey Graham has dropped out of the race for his party’s nomination.
AFC Energy directors take part in share offer
Two of AFC Energy’s directors have subscribed in the industrial fuel cell power company’s latest share offer.
Camden Town to become another AB InBev brand
Britain's craft beer market was being watered down further on Monday, with the announcement that one of London's most popular craft breweries was being snapped up by Belgian beer behemoth Anehuser-Busch InBev.
Satellite Solutions expands Poland broadband business
Satellite was being touted as the future for Poland's broadband on Monday, as Satellite Solutions Worldwide picked up two new subsidiaries in the country - Hetan Technologies and AVC Solutions.
Broker tips: Retail stocks, Tullow Oil, Glencore
RBC Capital Markets downgraded Marks & Spencer to ‘outperform’ from ‘top pick’ and Associated British Foods to ‘underperform’ from ‘sector perform’ but lifted Dixons Carphone to ‘top pick’ from outperform, as it took a look at the general retail sector.
Former Libor trader has prison term cut after Asperger's diagnosis
Former trader Tom Hayes, who was jailed in the UK for conspiracy to rig Libor rates, had his sentence cut to 11 years from 14 on Monday.
Chicago Fed National Activity Index falls further in November
US economy activity declined in November amid inflationary pressures, according to a survey on Monday.
FTSE 250 movers: Hastings jumps into risers after market promotion
With only three and a half days of trading this week, investors were optimistic and grabbing a few pre-Christmas bargains with the FTSE 250 up 85. 45 points (0. 50%) to 17,191. 32 by mid-afternoon Monday.
US open: Traders shrug off oil price slides
US stocks opened higher on Monday, despite weaker oil prices causing some concern heading into the short week.
Toshiba drags in Asia amid fresh hopes for Chinese property
Mega technology losses were top of the news bulletins in Asia on Monday, as Toshiba Corporation revealed it expected a record loss for the year.
FTSE 100 movers: Glencore leads market on buy recommendation
The FTSE 100 started the short week on a high with the index up 52. 66 points (0. 87%) to 6,105. 08 by mid-afternoon Monday.
Velocys, CompactGTL settle in patent dispute
A win for Velocys on Monday, as it reached a settlement with a rival over a two-year intellectual property dispute.
Tuesday preview: Third quarter US GDP revised lower, analysts forecast
The final estimate of third quarter US gross domestic product on Tuesday is expected to be revised lower by the Commerce Department.