Budget airline easyJet on Tuesday said it expected to fly 60% of its pre-pandemic capacity in the fourth quarter as Covid restrictions eased across Europe.
Strategists at JP Morgan raised their year-end target for the S&P 500 and told clients that they did not anticipate that the Delta Covid-19 variant would derail the reopening of economies.
The focus on home shores on Wednesday will be on public sector net borrowing data for June.
European shares staged a small bounce on Tuesday as bargain hunters stepped in, but some analysts remained quite cautious regarding the outlook for stocks in the immediate future.
London stocks managed a positive close on Tuesday, recovering some ground following heavy losses in the previous session, but with rising Covid-19 cases still weighing on investors' minds.
Berenberg has upped its price target for tech firm Boku after the group's first-half trading performance beat expectations.
Nasdaq has teamed up with several of Wall Street's largest firms to spin-off its platform for investors in private companies.
Chemring Group revealed on Tuesday that chief executive Michael Ord had disposed of 165,284 ordinary shares in the FTSE 250-listed aerospace, defence and security products firm.
Cloud-based communications technology company Cloudcall reported a 10. 4% improvement in total revenues in its first half on Tuesday, to £6. 4m, with recurring and repeating revenues representing 93. 9% of the total.
London’s FTSE 250 was up 1% at 22,160. 40 in afternoon trade on Tuesday.
Wall Street stocks were sharply higher early on Tuesday as major indices looked set to crawl back some of the heavy losses recorded in the previous session.
London’s FTSE 100 was up 0. 5% at 6,878. 75 in afternoon trade on Tuesday.
Home safety technology company FireAngel reported positive first-half progress on Tuesday, describing improved performance, and sales growth in-line with its expectations.
Bus operator Rotala reported a “small” profit after tax of £0. 81m in its first half in an update on Tuesday, swinging from a loss of £3. 8m a year earlier.
Berenberg has upped its price target for tech firm Boku, after first half trading beat expectations.
Second-quarter revenues at IBM have come in ahead of expectations, after strong client demand for cloud services.
Shares of China's second-largest property developer by sales tumbled again on Tuesday after reports of an asset freeze.
Industrial engineering company the 600 Group updated the market on its full year of trading on Tuesday, reporting a 20% fall in revenue to $53. 5m (£39. 35m), which it put down to the impact of the Covid-19 pandemic.
US homebuilding activity bounced back last month but forward-looking indicators pointed to weakness ahead.
Corporate restructuring specialist Begbies Traynor said on Tuesday that it had put on a "strong" full-year performance in the twelve months ended 30 April, with the firm's results coming in ahead of original expectations.