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US close: Stocks end session lower as Q3 earnings season begins
US stocks closed lower on Tuesday as market participants digested some key corporate earnings and news of a pause in Johnson & Johnson's Covid-19 vaccine study.
Europe close: Stocks end lower amid Covid-19 worries doubts around fiscal stimulus
European shares were knocked lower by continued worries over the rising number of novel coronavirus cases across the Continent and doubts over the chances for further fiscal stimulus in the US before the next presidential elections on 3 November.
London close: Stocks finish weaker amid jobs, vaccine disappointment
London stocks closed weaker on Tuesday, dipping below 6,000 points at the end of the day, as investors mulled disappointing UK jobs data and the pausing of a Johnson & Johnson Covid-19 vaccine trial.
Sector movers: Utilities and Food retailers sought out as Covid-19 cases climb
Stocks were pummeled on Tuesday as concerns mounted that the rising rate of Covid-19 infections might force the government into tightening lockdown measures further, on top of a day fraught with nervousness around the ongoing Brexit talks with Brussels.
Broker tips: XP Power, Pets At Home, Experian
Analysts at Berenberg hiked their target price on power supply manufacturer XP Power from 4,980. 0p to 5,230. 0p on Tuesday, stating its upgrade cycle was continuing.
Wednesday preview: US bank earnings, Ashmore Group in focus
The focus on Wednesday will continue to be on incoming earnings reports Stateside, including several of the top-tier lenders, against a backdrop of speeches from central bank officials on both sides of the Pond.
Sound Energy gets extension on Sidi Moktar permits
Morocco-focussed upstream gas company Sound Energy reported a 24-month extension to the initial period of the Sidi Moktar Permits, onshore Morocco, on Tuesday.
Director dealings: Naked Wines CEO ups stake
Naked Wines revealed on Tuesday that chief executive officer Nicholas Devlin had acquired 10,280 ordinary shares in the AIM-listed online wine retailer.
Keras Resources reports progress in Utah and Togo
Keras Resources updated the market on progress at the Diamond Creek high-grade direct shipping ore organic phosphate mine in Utah and the Nayéga manganese mine in Togo on Tuesday, reporting that the 2020 mining campaign was now complete at Diamond Creek.
IMF bumps up 2020 global GDP forecast, but 'deep' recession still seen
The global economy will endure a slightly less horrid contraction over the course of the year than previously anticipated, the International Monetary Fund said.
FTSE 250 movers: IP Group pushes higher; Cineworld slumps
London’s FTSE 250 was down 1. 4% at 17,912. 80 in afternoon trade on Tuesday.
US open: Stocks head south as Q3 earnings season begins
US stocks were lower at the bell on Tuesday as market participants digested some key corporate earnings and news of a pause in Johnson & Johnson's Covid-19 vaccine study.
Covid-19 testing firm to float on AIM
Source BioScience, a specialist in Covid-19 diagnostics, is to return to the London stock market in a potential £130m initial public offering.
FTSE 100 movers: Rolls-Royce retreats; SSE rallies
London’s FTSE 100 was down 0. 5% at 5,974. 61 in afternoon trade on Tuesday.
Animal spirits lead Citi to raise target for Pets at Home
Analysts at Citi bumped up their profit estimates and target price for shares of Pets at Home Group, highlighting both its "strong" market share and structural market growth which might pave the way for the generation of excess capital.
BlueRock beats production records at Kareevlei in third quarter
BlueRock Diamonds updated the market on third quarter production at the Kareevlei mine in South Africa on Tuesday, reporting record tonnage, carats and grades for the period.
Round Hill Music to pursue London IPO
Round Hill Music Royalty Fund has announced its intention to float on the London Stock Exchange's specialist fund segment.
Citigroup posts largest quarterly profit of Covid-19 pandemic
Banking giant Citigroup posted its largest quarterly profit of the Covid-19 pandemic on Tuesday, as trading bonds afforded the firm another windfall.
Actual Experience signs extension to deal with Accenture
Analytics company Actual Experience announced on Tuesday that, following the recent development of its new ‘Human Experience Management’ (HXM) offerings for its partners, it has signed a three-year extension of its framework agreement with Accenture’s procurement arm Proquire.
JPMorgan beats forecasts on strong trading performance
A rebound in global financial markets helped JPMorgan Chase post a 4% jump in third-quarter income, the Wall Street bank confirmed on Tuesday.