International News
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German retail sales drop sharply in April
Friday 31 May 2024
(Sharecast News) - Retail sales in Germany dropped sharply in April, pulling back after a stronger-than-expected increase the previous month, according to Destatis. Read More
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Asia report: Shares creep ahead before US, eurozone CPI data
Friday 31 May 2024
(Sharecast News) - Asian stocks edged ahead on Friday as investors waited for inflation readings from Europe and the US for indications on the future movement of interest rates globally. Read More
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China manufacturing PMI falls more than expected in May
Friday 31 May 2024
(Sharecast News) - China Factory activity slowed more than expected in May, hitting a three-month low, as the world's second-largest economy continued to battle problems in its property market, accord... Read More
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Frasers Group lifts stake in Hugo Boss to £305m
Friday 31 May 2024
(Sharecast News) - Mike Ashley's retail conglomerate Frasers Group has raised its stake in Hugo Boss after a sharp drop in the German fashion group's share price since the start of the year. Read More
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US close: Dow falls for third straight day as investors await PCE data
Thursday 30 May 2024
(Sharecast News) - US stocks finished firmly in the red on Thursday as indices continue to retreat from their recent record highs on the back of mixed economic data. Read More
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Europe close: Spanish banks push markets higher as inflation takes centre stage
Thursday 30 May 2024
(Sharecast News) - European stocks registered gains on Thursday, with a huge surge by Spanish banks making up for more subdued performances elsewhere, as the Stoxx 600 index rebounded after recent hea... Read More
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US open: Stocks sink as markets continue to retreat from record highs
Thursday 30 May 2024
(Sharecast News) - US stock markets opened firmly lower on Thursday as elevated bond yields and a mixed outlook for the economy eroded investors' appetite for risk. Read More
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US Q1 GDP growth revised down on softer consumption
Thursday 30 May 2024
(Sharecast News) - America's economy grew more slowly than previously thought at the turn of the year on the back of softer consumption. Read More
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Weekly US jobless claims tick higher
Thursday 30 May 2024
(Sharecast News) - Jobless claims in the US edged up during the preceding week, but remained near record low levels. Read More
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TSB customers hit by online banking outage
Thursday 30 May 2024
(Sharecast News) - TSB Bank customers were left unable to access their accounts on Thursday after the lender's mobile banking app temporarily went down. Read More
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Eurozone recovery gathers pace as unemployment falls
Thursday 30 May 2024
(Sharecast News) - Eurozone unemployment unexpectedly dipped to a record low in April, official data showed on Thursday, while confidence edged higher. Read More
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US pre-open: Futures sink ahead of GDP data, Salesforce plummets
Thursday 30 May 2024
(Sharecast News) - Rising bond yields were set to weigh heavily on stocks again on Thursday, with stock futures falling sharply ahead of the opening bell on Wall Street, while software firm Salesforce... Read More
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Asia report: Stocks follow Wall St into the red as rising bond yields weigh
Thursday 30 May 2024
(Sharecast News) - Asian share markets tumbled on Thursday, following a weak showing on Wall Street as Shares retreated Thursday in Asia after U.S. stocks slumped in response to higher bond yields as ... Read More
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US close: Stocks drop sharply as Treasury yields rise
Wednesday 29 May 2024
(Sharecast News) - US stocks declined on Wednesday with all but three stocks on the Dow finishing in the red as investors continued to scale back their appetite for risk ahead of key inflation data la... Read More
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US close: Stocks drop sharply as Treasury yields rise
Wednesday 29 May 2024
(Sharecast News) - US stocks declined on Wednesday with all but three stocks on the Dow finishing in the red as investors continued to scale back their appetite for risk ahead of key inflation data la... Read More
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Europe close: Rising yields sink markets as Stoxx 600 hits three-week low
Wednesday 29 May 2024
(Sharecast News) - European stocks dropped sharply on Wednesday with losses of more than 1% across most of the continent as rising bond yields tempered the demand for equities. Read More
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US open: Investors take profits as markets await inflation data
Wednesday 29 May 2024
(Sharecast News) - US stocks were in retreat mode on Wednesday with investors continuing to take profits after Wall Street indices' record highs, as jitters about inflation eroded risk appetite. Read More
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ConocoPhillips to buy Marathon Oil in $22bn deal
Wednesday 29 May 2024
(Sharecast News) - ConocoPhillips confirmed on Wednesday that it has agreed to buy Marathon Oil in an all-share deal worth $22bn. Read More
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Merck to buy EyeBio for up to $3bn
Wednesday 29 May 2024
(Sharecast News) - US pharma giant Merck said on Wednesday that it has agreed to buy ophthalmology-focused biotechnology firm EyeBio for up to $3bn. Read More
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US pre-open: Futures drop as inflation fears rise
Wednesday 29 May 2024
(Sharecast News) - US stock futures were falling on Wednesday with the Nasdaq pulling back from record highs as nerves started to set in ahead of a key inflation gauge later in the week. Read More
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