News Archive
US close: Stocks higher following November PCE reading
20th Dec 2024 23:46
(Sharecast News) - Wall Street stocks closed higher on Friday as the blue-chip clawed back some of this week's heavy losses.
Read moreEurope close: Stocks end mostly lower, but well off lows
20th Dec 2024 21:09
(Sharecast News) - European shares extended losses on Friday, with the benchmark Stoxx 600 slipping below the 500 mark after US President-elect Donald Trump threatened the European Union with tariffs.
Read moreLondon close: Stocks mixed as US PCE inflation holds steady
20th Dec 2024 16:05
(Sharecast News) - London stocks ended the day on a mixed note Friday, as investors weighed weaker-than-expected UK retail sales growth and cooler US price growth than anticipated.
Read moreAtome reports positive progress at Villeta project
20th Dec 2024 16:03
(Sharecast News) - Green fertiliser project developer Atome reported progress on its flagship 145MW Villeta project in Paraguay on Friday.
Read moreFTSE 250 movers: IP Group rises on portfolio offers
20th Dec 2024 15:04
(Sharecast News) - FTSE 250 (MCX) 20,382.73 -0.08%
Read moreWeek ahead: Christmas, US budget deal in the spotlight
20th Dec 2024 14:47
(Sharecast News) - The coming week ought to be calm with a slightly positive bias to trading, as most market participants worldwide will be away from their desks during the Christmas holidays and New Year celebrations.
Read moreUS consumer confidence edges up in December, inflation expectations mixed
20th Dec 2024 14:44
(Sharecast News) - Consumer confidence in the US rose modestly, although inflation expectations were mixed, the results of a closely followed survey revealed.
Read moreAmericans spend at steady clip in November, PCE prices miss forecasts
20th Dec 2024 14:28
(Sharecast News) - Americans continued to spend at a steady clip last month, while prices rose by a tad less than anticipated.
Read moreNo cheer for retailers ahead of Christmas, says CBI
20th Dec 2024 14:16
(Sharecast News) - UK retailers were struggling to find any cheer in the run up to Christmas as sales fell amid worries over rising costs next year, according to the Confederation of British Industry.
Read moreFTSE 100 movers: Frasers jumps; utilities give back gains
20th Dec 2024 13:45
(Sharecast News) - London's FTSE 100 was down 1.2% at 8,011.35 in afternoon trade on Friday.
Read moreTekcapital's Guident awarded European AI patent
20th Dec 2024 13:19
(Sharecast News) - Intellectual property investor Tekcapital announced on Friday that its portfolio company Guident had been awarded a European patent, titled 'Artificial Intelligence Method and Apparatus for Remote Monitoring and Control of Autonomous Vehicles'.
Read moreBoohoo shareholders vote against Mike Ashley board appointment
20th Dec 2024 12:36
(Sharecast News) - Boohoo said on Friday that its shareholders had voted overwhelmingly against the appointment of Frasers Group's Mike Ashley and restructuring expert Mike Lennon to the board.
Read moreOracle Power appoints Apex for Blue Rocks Valley exploration
20th Dec 2024 12:07
(Sharecast News) - Oracle Power announced on Friday that it has appointed Apex Geoscience to lead exploration activities at the Blue Rocks Valley Copper and Silver Project in Western Australia's Ashburton Basin.
Read moreUS pre-open: Dow Jones on track for worst weekly performance since March 2023
20th Dec 2024 11:55
(Sharecast News) - Wall Street futures had stocks opening lower on Friday, with the blue-chip Dow Jones on track to deliver its worst weekly performance since March 2023.
Read moreEurope midday: Stoxx falls below 500 as pharma woes, Trump tariff threat weigh
20th Dec 2024 11:45
(Sharecast News) - European shares extended losses on Friday, with the benchmark Stoxx 600 slipping below the 500 mark after US President-elect Donald Trump threatened the European Union with tariffs, while pharma stocks were in focus with Novo Nordisk and Zealand Pharma tanking on disappointing test results.
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