Market Pulse
US close: Stocks mixed following Powell testimony
Major indices delivered a mixed performance on Tuesday as Federal Reserve chairman Jerome Powell headed to Washington DC to testify before the Senate Banking Committee.
Aston Martin rallies as Enrico Cardile set to join F1 team
Aston Martin rallied on Tuesday on news that Enrico Cardile will join its F1 team in 2025 as chief technical officer, having recently left Ferrari, where he was chassis technical director.
Broker tips: Curry's, Anglo American
Deutsche Bank upgraded Currys on Tuesday to 'buy' from 'hold' as it turned more positive on UK retailers.
London close: Stocks slip as investors digest Powell's comments
London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.
Director dealings: Science in Sport non-executive director acquires shares
Science in Sport revealed on Tuesday that non-executive director Roger Mather had acquired 117,647 ordinary shares in the AIM-listed performance nutrition business.
FTSE 100 movers: BP slumps on update; utilities gain
London’s FTSE 100 was down 0. 6% at 8,141. 35 in afternoon trade on Tuesday.
US open: Stocks mixed as Powell begins two-day testimony
Wall Street trading got off to a mixed start early on Tuesday as Federal Reserve chairman Jerome Powell headed to Washington DC to testify before the Senate Banking Committee.
Finseta reports strong set of first-half results
Finseta reported strong unaudited results for the first half of 2024 on Tuesday, demonstrating significant growth in revenue and profitability.
Audioboom extends partnerships with several podcasts
Podcast producer and distributor Audioboom announced the extension of partnerships with several top-tier podcasts on Tuesday, including The Broski Report, The Nateland Podcast, Serialously with Annie Elise, National Park After Dark, and Minds Of Madness.
NFIB US small business optimism index rises to 91.5 in June
The National Federation of Independent Business' business optimism index rose to 91. 5 in June, up from 90. 5 a month earlier, for the highest reading since the start of 2024.
Cora Gold announces promising drilling results from Tambor
Cora Gold announced promising results from a reconnaissance reverse circulation (RC) drilling programme at the Tambor gold anomaly within its Madina Foulbé exploration permit in East Senegal on Tuesday.
Mulberry appoints Andrea Baldo as new CEO
Mulberry said on Tuesday that it has appointed Andrea Baldo as its new chief executive officer, replacing Thierry Andretta who is stepping down with immediate effect.
Haydale Graphene strikes landmark agreement with Chinese partner
Advanced materials group Haydale Graphene has inked a landmark agreement with a Chinese partner that will expand the reach of its high-quality Silicon Carbide whisker-reinforced cutting tool business into new markets in Asia.
US pre-open: Futures higher ahead of Powell testimony
Wall Street futures were in the green as before the bell as Federal Reserve chairman Jerome Powell heads to Washington DC to testify before Congress.
Water Intelligence buys Ireland's Feakle Gas and Plumbing
Water Intelligence, a multinational provider of minimally-invasive leak detection and remediation solutions, announced the strategic acquisition of Feakle Gas and Plumbing (FG&P) in Ireland on Tuesday, through its Water Intelligence International (WII) subsidiary.
Strategic Minerals reports record sales in June quarter
Strategic Minerals reported record-breaking sales for the quarter ended 30 June on Tuesday, driven by a significant increase in demand at its Cobre operation.
London midday: Stocks flat as investors eye Powell speech
London stocks were steady by midday on Tuesday as investors mulled a dip in retail sales and erred on the side of caution ahead of a speech by Federal Reserve chair Jerome Powell.
Deutsche Bank upgrades Currys, Kingfisher and Moonpig to 'buy'
Deutsche Bank upgraded Currys, Kingfisher and Moonpig on Tuesday to ‘buy’ from ‘hold’ as it turned more positive on UK retailers.
Synectics reports strong set of first-half results
Security and surveillance system specialist Synectics reported a strong set of unaudited interim results on Tuesday, with a 20% rise in revenue, reaching £26. 3m compared to £21. 9m in the first six months of 2023.
Zenova receives £83k order from Albanian sub-distributor
Fire safety business Zenova said on Tuesday that it has received a £83,000 order from AED, its newly appointed sub-distributor in Albania.