Equities closed deep into negative territory on Wall Street on Monday, with investors focusing on rising Covid-19 case numbers globally and the effect that might have on government bids to reopen economies.
Financial markets' focus on Tuesday will be on central banks in the Asia Pacific region.
European shares were pummeled at the start of the week, with energy and travel stocks pacing losses as investors fretted about the rising number of Delta variant Covid cases globally.
JD Sports Fashion's executive chairman, Peter Cowgill, picked up some more shares of the group on Monday.
London stocks closed well into negative territory on Monday, as worries about rising inflation and the spread of the Delta variant dented sentiment.
London’s FTSE 250 was down 2. 3% at 21,949. 64 in afternoon trade on Monday.
Delivery and logistics company DX updated the market on the 53-week period to 3 July on Monday, reporting that since its last update in May, it had continued to trade well, with strong ongoing momentum at DX Freight ahead of management expectations, and good progress at DX Express.
Trading on Wall Street got off to a poor start on Monday with investors' focus on rising Covid-19 case numbers around the world and the toll they might take on attempts to reopen economies.
Direct-to-consumer ready meal provider Parsley Box said in a trading update on Monday that it was expecting to report first half unaudited revenue of more than £14m, making for an increase of 26% year-on-year, and 411% over the first half of 2019.
Intelligent automation and customer engagement software company Netcall updated the market on its trading for the year just ended on Monday, saying it expected its full-year results to be in line with market expectations, which were updated at its interim results.
Almost half of foreign direct investment into Britain went to London in 2019 before the Covid pandemic struck, according to official data.
Homebuilder confidence in the US slipped in July, buffeted by supply-side headwinds relating to building materials, regulation and labor.
London’s FTSE 100 was down 2. 6% at 6,822. 84 in afternoon trade on Monday as sentiment was dented by Covid worries.
Robinhood is aiming to raise as much as $2. 3bn via an initial public offering that could value the Stock trading app at as much as $35bn.
Analysts at Morgan Stanley reiterated their 'overweight' stance on shares of Royal Dutch Shell in anticipation of share buyback announcements and higher dividend payouts from the oil major.
Footfall across all retail destinations is expected to spike by nearly 20% following Monday’s lifting of Covid restrictions, according to research published by Springboard.
S4 Capital reported forecast-beating trading on Monday, boosted by a “post-pandemic rebound” in the global economy.
Shares in Revolution Beauty fell on Monday as trading in the beauty and skincare specialist got under way.
Marketing and communications software-as-a-service (SaaS) provider Access Intelligence said on Monday that its annual contract value base increased by £2. 7m, or 25% on an annualised basis, to £24. 7m in its first half.
BP: Morgan Stanley stays at 'underweight' and revises target price from 285. 0p to 305. 0p.