What Asian stock markets remained open over the Lunar New Year holiday were mostly higher again.
UK retail footfall reported strong growth during 2022, industry research showed on Wednesday, although it remains below pre-pandemic levels.
European shares finished on a mixed note on Tuesday as a stabilisation in eurozone business activity was tempered by a warning that further interest rate rises to combat inflation could tip the single currency bloc into recession.
London stocks ended the day in mixed fashion, as investors mulled a surge in public borrowing and news that UK business output fell in January at the fastest rate in two years.
Investors' focus on Wednesday was expected to be on the latest corporate results, especially on the other side of the Pond in the US.
Analysts at Berenberg raised their target price on retailer Dunelm from 1,130. 0p to 1,240. 0p on Tuesday, stating the group's numbers "increasingly well underpinned".
Primark owner Associated British Foods on Tuesday posted a 20% rise in sales during the Christmas period as consumers continued to hunt for bargains amid the cost-of-living crisis and return to city shopping centres.
FTSE 250: 19,887. 40, +0. 43% at close.
Reneuron revealed on Tuesday that chief financial officer John Hawkins had acquired 100,000 ordinary shares in the AIM-listed stem cell technologies group.
A UK pub industry lobby group has called for a parliamentary inquiry into what it called profiteering by the energy industry at the expense of its members.
London’s FTSE 100 was down 0. 3% at 7,763. 48 in afternoon trade on Tuesday.
Wall Street stocks traded lower early on Tuesday as traders digested an onslaught of earnings from some of the nation's biggest firms.
Business activity in the single currency bloc steadied at the start of 2023 thanks to lower energy prices and optimism around China's reopening, the results of two closely followed surveys revealed.
The rate of decline in US private sector activity eased at the start of 2023, although hiring remained soft, survey results revealed.
Carnival said on Tuesday that its luxury cruise line Cunard booked more guests in the first week of January than any equivalent period in the last decade.
Thousands of pensioners left facing an uncertain retirement by the collapse of Sir Philip Green's high street empire are reportedly on the verge of a funding deal backed by Aviva.
Weapons maker Lockheed Martin issued disappointing full-year guidance on Tuesday despite beating Wall Street estimates with its fourth-quarter earnings.
Johnson & Johnson increased its full-year earnings guidance on Tuesday, helped by strong demand for its cancer drugs.
Senior said on Tuesday that adjusted pre-tax profit for 2022 was set to be above the top end of the range of consensus expectations following a strong performance from its Flexonics division.
Manufacturing giant 3M posted quarterly earnings that fell short of expectations on Tuesday and announced that it will cut approximately 2,500 jobs.