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US close: Major indices end session lower to wrap up brutal Q2
Wall Street stocks were firmly in the red at the close of trading on Thursday as the S&P 500 delivered its worst first first-half performance in more than half a century.
Sector movers: Autos and Parts, Industrial Metals pace losses
Cyclicals paced losses on the FTSE 350 at the end of the month with a retreat in shares of Aston Martin to fresh lows punctuating another weak for its sector.
Friday preview: Global factory PMIs, euro area CPI in the spotlight
All eyes at the end of the week will be on a raft of manufacturing sector Purchasing Managers' Indices due out across the globe, together with a 'flash' reading on euro area inflation.
Europe close: Stocks end month on a down note
European shares finished June on a down note after warnings from central bankers over the preceding days that inflation would be more persistent than originally thought, sparking fears of a recession.
London close: Stocks tumble as recession fears rock markets
London stocks ended Thursday’s session firmly in the red amid ongoing concerns about a global downturn, as investors mulled the latest reading on UK economic growth and household incomes.
OPEC+ rubber stamps crude oil output quota increase for August
The world's largest grouping of crude oil exporting countries went ahead with plans to raise its permitted output ceiling, as expected.
Aston Martin said to be seeking funds to safeguard future, shares tank
Aston Martin is reportedly looking to raise funds to safeguard its future, wanting to significantly strengthen its financial position as it ramps up investment for its next-generation platforms and future electrification strategy.
FTSE 250 movers: Aston Martin tanks; Virgin Money rallies
London’s FTSE 250 was down 2. 3% at 18,592. 73 in afternoon trade on Thursday.
Broker tips: National Grid, Intertek, Pan African Resources
Analysts at Jefferies downgraded utility company National Grid from 'buy' to 'hold' on Thursday, stating pressures on regulated returns and rising real yields both presented headwinds for the group.
Director dealings: Burberry CEO makes share sale
Burberry revealed on Thursday that chief executive Jonathan Akeroyd had sold 49,037 ordinary shares in the FTSE 100-listed fashion house.
US open: Stocks sharply lower early on final day of Q2 trading
Wall Street stocks were firmly in the red early on Thursday, with the S&P 500 set to deliver its worst first first-half performance since 1970.
Unite secures pay increase for 35,000 Barclays staff
Barclays has announced a pay rise for 35,000 of its lower-paid UK staff in customer-facing, branch and junior support roles to help with the cost-of-living crisis.
US pre-open: Futures firmly in the red ahead of PCE reading
Wall Street futures were firmly in the red ahead of the bell on Thursday, with the S&P 500 set to deliver its worst first first-half performance in more than half a century.
DCC appoints Shell executive Fabian Ziegler as CEO of DCC Energy
Sales, marketing and support services group DCC said on Thursday that it has appointed Dr. Fabian Ziegler as chief executive officer of DCC Energy with effect from 1 November.
US Chicago PMI falls more quickly than expected in June
Manufacturing activity in the Chicago area slowed more sharply than anticipated in June, plumbing a near two-year low.
FTSE 100 movers: Travel stocks slump; Bunzl bucks trend
London’s FTSE 100 was down 2. 7% at 7,113. 55 in afternoon trade on Thursday.
Personal spending in US for May comes in below forecasts
Personal incomes in the US continued to grow steadily last month, but spending came in lower than expected.
US initial jobless claims slightly decrease
US first-time jobless claims decreased slightly in the week ended 25 June, pointing to tight labour market conditions.
Berenberg slightly raises target price on Pan African Resources
Analysts at Berenberg slightly raised their target price on precious metals group Pan African Resources from 28. 0p to 33. 0p on Thursday following "positive" results from a definitive feasibility study on the Mogale part of its Mintails project in South Africa.
Europe midday: Shares still lower on hawkish central bank comments
European shares slumped at the open on Thursday after warnings from central bankers that inflation would be more persistent than originally thought, sparking fears of a recession.