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Europe close: Stocks put in slight bounce
European shares put in a slight bounce following the heavy selling seen during the previous session.
Wednesday preview: US, China CPI in the spotlight
The market spotlight on Wednesday will be firmly on the US and whether consumer price inflation did indeed peak in April as some economists have posited.
Sector movers: Investment banking, Home construction stocks pace slight bounce
Shares of investment banking and brokerage services firms paced a modest bounce in the stockmarket on Tuesday, following a rout on Wall Street during the previous session.
Barclays sees BAE Systems's order intake accelerating due to escalation in war
Analysts at Barclays reiterated their 'overweight' recommendation for shares of BAE Systems, predicting that the defence engineering firm's order intake would accelerate throughout 2022 due to the escalation of the conflict in Ukraine.
Europe close: Stocks walloped by inflation worries
European stocks extended losses on Monday as inflationary worries and sluggish Chinese economic data dampened sentiment.