Market Pulse
US close: Stocks end higher after better-than-expected US GDP
US stocks finished in positive territory on Tuesday as economic growth data came in better than expected.
Commodities: Oil rebounds as Brent-WTI spread narrows to naught
Oil futures reversed declines during early trading stateside on Tuesday, as the spread between both benchmarks - Brent and WTI - narrowed to zero, with the US marker recovering at a better rate than the global proxy standard.
Sector movers: Resource stocks pull London market higher
Resource stocks continued their recovery run on Tuesday following an uptick in oil prices, with primary London market indices returning back to positive territory.
Europe close: Third day of losses, but oil gains ground
European markets made a third day of losses on Tuesday, as markets on the continent started to wind down for the holidays.
London close: Equities end higher as UK consumer confidence rises
London stocks finished Tuesday’s session higher after China hinted at further stimulus and a report showed an unexpected increase in UK consumer confidence this month.
Shell to cut spending further if BG merger gets green light
Royal Dutch Shell on Tuesday said it would cut capital spending in 2016 by $2bn (£1. 35bn) to $33bn (£22. 3bn) if it receives the go-ahead on its proposed takeover of BG Group.
Turbulent commodities make it a tough six months for Sable
Sable Mining was forced to tread carefully in the first half of the financial year, as the poor resources price environment made it harder for the company to extract value for shareholders.
US third quarter GDP revised down to an annualised 2%
The final estimate of third quarter US gross domestic product was revised lower on Wednesday, the Commerce Department revealed.
N Brown CEO treats herself to first share purchase
N Brown’s chief executive officer Angela Spindler made her first purchase on Tuesday, nabbing 23,782 shares in the home shopping business at 292. 80p each.
Revenues grow at expanded Mortice
Mortice saw a period of expansion in its half year report on Tuesday, although profits took a tumble.
Broker tips: Centrica, Shaftesbury
RBC Capital Markets cut its target price on Centrica to 260p from 280p, but reiterated its ‘outperform’ recommendation.
US existing home sales slump in November
Sales of existing US homes fell sharply in November, to their lowest pace in 19 months, according to data released by the country's National Association of Realtors.
All talk and not much action for Concha in 2015
It was all talk and no action for Concha in 2015, as the firm released its audited results for the year to 30 June on Tuesday.
FTSE 250 movers: China stimulus hopes boost commodity producers
The FTSE 250 was up 0. 49% to 17,162. 29 points, led by mining companies after China's government hinted at further stimulus measures.
FX Roundup: Dollar, pound slide on lacklustre data
The dollar shed further froth in European trading on Tuesday, while the euro notched decent upticks over another slow pre-Christmas session in Europe.
US open: Stocks waver as investors digest mixed data releases
US stocks wavered in holiday-thinned trade, coming off opening highs as investors digested some mixed data releases, although a slight recovery in oil prices provided some relief for the energy sector.
FTSE 100 movers: Heavily-weighted miners rally but ITV gives back gains
London's FTSE 100 index was up 0. 7% to 6,073. 90 at 1440 GMT in holiday-thinned volumes, with many traders already away from their desks for the Christmas holiday.
Canaccord keeps Shaftesbury at 'hold' but raises target price
Canaccord Genuity retained its ‘hold’ rating on real estate company Shaftesbury on Tuesday but raised its target price to 996p from 934p.
Central Rand Gold CEO resigns as miner ends sale process
AIM-listed South African gold mining and exploration company Central Rand Gold said Johan du Toit has decided to step down as chief executive from the end of this year to pursue other opportunities.
Wednesday preview: Economic data floods market ahead of Christmas
The market is set to see a flood of economic data on Wednesday ahead of the Christmas holiday.