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Thursday preview: UK GDP, BT Group in focus
Investors attention on Thursday will be on the preliminary reading of UK economic growth during the first quarter, which is expected to have held up well.
Europe close: Stocks firm a little bit more on global inflation, Covid-19 news
European shares firmed a bit on Wednesday, despite record inflation data in Germany and slightly worse than expected US CPI figures that drew a mixed reaction from economists.
ShoreCap stays at 'buy' on HL, labels business 'fabulous'
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of Hargreaves Lansdown, labelling it a "fabulous business" and highlighting the measures adopted to enhance its position through a new advice offering that was reducing outflows to advisers.
US CPI dips in April, but by less than expected as food costs jump
The cost of living in the US dipped last month, but not by as much as anticipated as food prices continued to run up.
Citi says shares may not have priced in a full-blown recession yet
The stock market may not have discounted a full-blown recession just yet, analysts at Citi said.