US close: Stocks head south following hotter-than-expected CPI reading
(Sharecast News) - Major indices were in the red at the close of trading on Tuesday as investors digested a hotter-than-expected inflation reading and assessed fresh comments from Federal Reserve governor Christopher Waller, who signalled that further monetary tightening remains on the table.
Read MoreFTSE 250 movers: 4imprint, Avon slide
(Sharecast News) - FTSE 250 (MCX) 24,811.57 0.43%
Read MoreUS open: Stocks lowers as investors digest hotter-than-expected CPI reading
(Sharecast News) - Major indices were in the red early on Tuesday open as investors digested a hotter-than-expected inflation reading and assessed fresh comments from Federal Reserve governor Christopher Waller, who signalled that further monetary tightening remains on the table.
Read MoreBroker tips: AB Dynamics, Zoo Digital, Funding Circle
(Sharecast News) - Analysts at Berenberg reduced their target price on AB Dynamics to 1,350p from 1,700p on Tuesday following the group's full-year results, citing a tougher outlook for growth and margins amid continued disruption across the global automotive sector.
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