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Europe close: Stocks end near session lows despite US tax reform optimism
European stocks finished near their worst levels of the day despite optimism regarding prospects for the US economy.
London close: Footsie ends flat as pound bounces back
London stocks finished the Friday session almost exactly flat despite encouraging noises emerging from Brussels mingled with optimism stateside over proposed tax reforms.
Week ahead: ECB in focus
The market spotlight will swing back towards the single currency block next week, with the European Central Bank set to announce further details about its plans to taper quantitative easing in 2018 on Thursday.
Berenberg ups Cobham target but says premium valuation "unwarranted"
Despite Cobham share's outperformance over the past six months, Berenberg cautioned clients about the near-term strength of various of the firm's end-markets, alongside operational challenges that would require time to resolve and, for a time, scupper hopes that the dividend would be reinstated.
Virgin Money's growth prospects not reflected in share price, Barclays says
Analysts at Barclays Research believe Virgin Money's growth prospects are not reflected in the share price.
US existing home sales move higher in September
Existing home sales in the States broke a three-month streak of consecutive declines but were nevertheless labelled "meagre" by some observers, who warned that a lack of supply and fast price increases were putting a crimp in buyers' budgets.
US open: Wall Street climbs 'wall of worry' on tax cut progress
Wall Street continued to climb the proverbial 'wall of worry' following Senate approval of the White House's budget resolution for fiscal year 2018, which some believed paved the way for tax cuts.
Europe midday: Stocks rise on US economic optimism
European stocks are staging a recovery after losses the day before amid optimism regarding prospects for the US economy and despite worries concerning political risks in Spain.