US stocks recorded another day of heavy losses on Tuesday, as market participants' hopes for some positive headlines after the previous session saw both the Dow Jones and Nasdaq Composite record their worst trading sessions in two years were dashed.
These were the movements in some of the most closely-followed 10-year sovereign bond yields:.
An early bounce petered out quickly with traders worried that the China coronavirus could yet turn into a global pandemic, leaving share prices vulnerable as economic growth forecasts are marked down.
The UK government should seek maximum access to EU markets when it sets out its position for trade talks, a survey of business leaders said.
Digital bank Revolut tripled its value in its latest funding round to reach £4. 2bn and became the UK’s most valuable fintech startup.
The market spotlight will shine bright on all things related to the Chinese coronavirus due to a dearth of regularly scheduled economic reports in all the main geographies.
London stocks finished lower again on Tuesday, as investors continued to digest the latest developments around the spreading global outbreak of the Covid-19 strain of coronavirus.
Pollen Street Secured Lending's (PSSL) shares bolted higher after the investment trust specialising in peer-to-peer lending and corporate loans announced that it had received an all-cash takeover approach at 900. 0p.
Moneysupermarket revealed on Tuesday that chairman Robin Freestone had purchased 40,000 ordinary shares in the FTSE 250-listed price comparison business.
Canaccord Genuity has slashed its price target on SIG, arguing that the British building materials group is currently "uninvestable".
HSBC expects another wave of closures in the UK with 27 branches confirmed for the cut as more customers turn to online and mobile banking.
The EU will include a clause in the Brexit trade deal negotiations demanding that the UK maintain a ban on chlorinated chicken or risk a no-deal Brexit.
London’s FTSE 250 was down 1. 82% at 20,732. 88 in afternoon trade on Tuesday amid continued coronavirus concerns and as some Chinese cities announced restrictions on travellers from Japan and South Korea, while the UAE suspended flights from Iran.
Oracle Power updated the market on a meeting held in Karachi, Pakistan on 21 February on Tuesday, where the chief minister of the province of Sindh, Syed Murad Ali Shah, met with the chairman of the China-Pakistan Economic Corridor (CPEC) authority, Lieutenant General Asim Saleem Bajwa.
The FTSE 100 was in the red in afternoon trading on Tuesday, as investors continued to digest the latest developments around the spreading global outbreak of the Covid-19 strain of coronavirus.
US stocks recorded some more losses at the open as market participants' hopes for some positive headlines after the previous session saw both the Dow Jones and Nasdaq Composite record their worst trading sessions in two years were dashed.
US house price gains picked up more strongly than expected at the end of 2019.
BT is likely to cut its dividend by 30% from 2021 to reduce debt and help clinch favourable full-fibre broadband (FTTP) regulation, Jefferies analysts said.
Itaconix has received its first order from a second European customer for its ‘CHT 122’ bio-based detergent ingredient, it announced on Tuesday.
A strong run up to Christmas helped Macy’s beat fourth-quarter forecasts, the American US department store chain confirmed on Tuesday.