Market Pulse
US close: Stocks rebound from Monday's sell-off
Wall Street stocks closed higher on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier.
London close: Stocks make small rebound from Monday's losses
London stocks ended Tuesday on a positive note, with key indices recouping some losses from the previous session’s sharp selloff.
Broker tips: Rolls-Royce, YouGov, Endeavour Mining
Rolls-Royce rallied on Tuesday as JPMorgan Cazenove hiked its price target on the stock to 535. 0p from 475. 0p "after another set of strong results".
FTSE 250 movers: Keller surges; Domino's takes a hit
London’s FTSE 250 was up 0. 6% at 20,357. 12 in afternoon trade on Tuesday.
US open: Stocks higher following Monday's sell-off
Wall Street stocks were in the green early on Tuesday as major indices bounced back from heavy losses recorded across global markets a day earlier.
FTSE 100 movers: Rolls-Royce rallies on JPM note; Rightmove slumps
London’s FTSE 100 was flat at 8,006. 20 in afternoon trade on Tuesday.
RBC Capital downgrades Endeavour Mining to ‘sector perform’
RBC Capital Markets downgraded Endeavour Mining on Tuesday to 'sector perform' from ‘outperform' given its cautious view around rising operational and geopolitical risk, which it noted comes amid significant management changes this year.
Caterpillar beats profit forecasts despite revenue fall
Caterpillar announced a mixed set of second-quarter results on Tuesday, marked by a slight decline in revenue but a solid profit margin.
Uber beats expectations with strong second-quarter growth
Ride-hailing and delivery giant Uber Technologies reported a strong set of second-quarter results on Tuesday, surpassing Wall Street expectations and showing significant year-over-year growth across its key business segments.
Epwin Group flags stable first-half performance
Energy-efficient and low-maintenance building products manufacturer Epwin Group reported a stable first-half performance on Tuesday, with underlying operating profit in line with both the strong prior year comparative and the board’s expectations.
US pre-open: Futures higher following Monday's sell-off
Wall Street futures were in the green ahead of the bell on Tuesday as major indices look to bounce back from heavy losses recorded across global markets in the previous session.
Airea reports decline in sales amid challenging market
Specialist flooring company Airea reported a 5. 6% year-on-year decline in sales for the first half on Tuesday, reflecting a challenging market environment.
Zotefoams reports record first-half sales performance
Cellular materials technology specialist Zotefoams reported record financial results for the first half on Tuesday, driven by strong sales and significant growth in its high-performance products (HPP) division.
Apax Global Alpha updates NAV, announces Thoughtworks privatisation
Apax Global Alpha (AGA), a London-listed investment company providing access to Apax private equity funds, updated the market on its portfolio on Tuesday, announcing the privatisation of Thoughtworks and its estimated adjusted net asset value as of the end of June.
Petra Diamonds postpones first tender of new financial year
Petra Diamonds announced the postponement of its first tender for the 2025 financial year on Tuesday, originally scheduled for August and September.
London midday: FTSE pares opening gains; UK construction data in focus
London stocks had pared gains by midday on Tuesday as the relief rally lost steam following a heavy selloff a day earlier which saw global markets plunge.
Asia report: Japan rebound leads regional gains
Markets across the Asia-Pacific region showed mixed performances on Tuesday, with Japan leading the charge after a historic rebound in its stock market.
Berenberg cuts target price on YouGov following FY24 update
Analysts at Berenberg slashed their target price on market research and analytics firm YouGov from 1,200. 0p to 810. 0p on Tuesday morning following the group's FY24 trading update.
Eurozone construction downturn worsens further in July due to housing
An already deep downturn in euro area construction intensified slightly more last month, the results of a survey revealed.
IWG reports record first-half revenue
International Workplace Group reported record first-half financial results on Tuesday, driven by a strategic network expansion across its brands including Regus and Spaces.