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US close: Stocks close lower as Coronavirus cases climb past 31,000
US stocks closed lower on Friday despite a stronger-than-expected reading on the US jobs market for January as companies around the world warned that the Wuhan coronavirus would impact their top and bottom lines.
Commodities: Base metals hit by virus worries, US weighs sanctions on Rosneft
Base metals were the weakest chain in the link in the commodity space as investors took stock of a raft of corporate warnings about the impact of the Wuhan virus on their operations.
Week ahead: US and Chinese data in focus
The focus over the coming week will revert to the hard eocnomic data in most jurisdictions, including out of China and the US, although the Wuhan coronavirus will likely not be far from traders' minds.
Bonds: Investors look for safety in government debt even as new virus cases slow
These were the movements in some of the most closely-followed 10-year sovereign bond yields:.
London close: Stocks dip as raft of corporates warns of coronavirus impact
London stocks broke a four day winning streakas investors continued to consider the impact of the coronavirus and opted to play it safe heading into the weekend.
Europe close: Stocks finish week slightly lower
Stocks on the Continent were fell slightly at the end of the week as traders tried to gauge the fallout of the cost from the Wuhan virus and digested figures showing the biggest drop in German industrial production since the global financial crisis.
Berenberg says Q1 is 'make or break' for Hargreaves Lansdown
The first quarter of 2020 is "make or break" for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company's shares.
US considers stake in Nokia and Ericsson to block Huawei
The US could be considering taking a stake in two big European telecommunications equipment manufacturers Ericsson and Nokia to stave off Huawei's dominance in the space.
Director dealings: Centralnic director sells some shares
A director of internet domain name seller CentralNic sold shares as they approached their record highs for a second time.
US open: Stocks dip as corporates warn of virus impact
Stocks slumped going into the weekend despite a stronger-than-expected reading on the US jobs market for January, amid a flurry of warnings from companies around the world that their activities were being impacted by the Wuhan coronavirus.
Arc Minerals enters agreement to sell Sturec gold project
Arc Minerals entered into a binding sale and purchase agreement with MetalsTech (MTC) on Friday, for the sale of its wholly-owned subsidiary Ortac Resources UK, which holds its interest in the Šturec gold project in Slovakia.
Totally subsidiary signs NHS deal in Manchester
Out-of-hospital healthcare service provider Totally announced on Friday that its wholly-owned dermatology and referral management subsidiary, About Health, has been awarded a new contract to provide community dermatology services to Manchester & Trafford Clinical Commissioning Groups.
Broker tips: Hargreaves Lansdown, Royal Mail, Vodafone
The first quarter of 2020 is "make or break" for Hargreaves Lansdown as investors examine whether weak inflows are the result of temporary factors or increased competition, Berenberg said as the broker cut its price target on the company's shares.
FTSE 250 movers: Hastings higher on upgrade; energy shares drop
London’s FTSE 250 was down 0. 6% at 21,450. 65 in afternoon trade on Friday.
Active Energy upbeat on developments at Lumberton
Biomass-based renewable energy company Active Energy updated the market on its current activities at the Lumberton site in North Carolina on Friday.
Europe midday: Stocks undermined as German industry stalls amid talk of 'recession'
Stocks on the Continent were trading slightly lower as traders waited on the all-important monthly non-farm US payrolls figures later in the day and digested the biggest drop in German industrial production since the global financial crisis, triggering renewed talk of a possible recession.
FTSE 100 movers: NMC Health falls again; Vodafone boosted by upgrade
London’s FTSE 100 was down 0. 7% at 7,453. 52 in afternoon trade on Friday.
Jefferies upgrades Vodafone to 'buy', says core business undervalued
Vodafone could release up to €16. 0bn (£14. 0bn) in cash by selling a stake in its tower assets while improving organic performance, Jefferies analysts said as they upgraded the phone company to 'buy'.
US non-farm payrolls jump by 225,000 in January
Hiring in the US accelerated by more than expected at the turn of the year alongside a pick up in wage growth, helped by the third mildest weather for the month of January on record.