News Archive

US close: S&P 500 hits fresh record high as traders digest July PPI reading

13th Aug 2026 22:06

(Sharecast News) - Major indices closed higher on Thursday, with the S&P 500 hitting new record as market particpants digested another key inflation reading.

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JPMorgan upgrades Aviva, downgrades L&G and M&G

13th Aug 2026 14:59

(Sharecast News) - JPMorgan upgraded Aviva on Thursday to 'overweight' from 'neutral' and reiterated its 'overweight' stance on Standard Life, but downgraded Legal & General and M&G to 'underweight' from neutral'.

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Broker tips: Balfour Beatty, Aviva, Standard Life

13th Aug 2026 14:59

(Sharecast News) - Analysts at Berenberg hiked their target price for Balfour Beatty from 870p to 1,070p on Thursday, citing a materially stronger balance‑sheet position and upgraded earnings expectations following a robust first‑half performance.

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US open: Stocks trade higher as investors thumb over another key inflation report

13th Aug 2026 14:57

(Sharecast News) - Major indices were in the green early on Thursday as market participants digested another key inflation reading.

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Friday preview: Aviva results, eurozone GDP in focus

13th Aug 2026 14:32

(Sharecast News) - Friday will see the release of first-half numbers from Aviva, while in the US, retail sales figures and the latest University of Michigan consumer sentiment index will be out.

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FTSE 100 movers: Antofagasta leads miners lower; Aviva boosted by upgrade

13th Aug 2026 14:16

(Sharecast News) - London's FTSE 100 was down 0.4% at 10,790.99 in afternoon trade on Thursday.

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Norges Bank keeps deposit rate at 4.25% as expected

13th Aug 2026 14:05

(Sharecast News) - Norges Bank kept its deposit rate at 4.25% on Thursday, as widely expected and for the second meeting in a row, but suggested there could be more tightening ahead.

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US producer prices unchanged in July

13th Aug 2026 14:00

(Sharecast News) - US producer prices were unchanged in July, according to the Bureau of Labor Statistics, following a 0.1% decline in June and a 0.5% increase in May.

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Europe close: Shares slip into red on MEast worries, energy supply fears

13th Aug 2026 13:57

(Sharecast News) - European shares closed lower on Thursday as the continuing US-Iran stalemate and elevated energy prices amid dwindling supplies weighed on sentiment.

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FTSE 250 movers: Savills, Rank surge; Miners slide

13th Aug 2026 13:43

(Sharecast News) - FTSE 250 (MCX) 24,915.20 0.40%

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FTSE 250 movers: Savills, Rank surge; Miners slide

13th Aug 2026 13:43

(Sharecast News) - FTSE 250 (MCX) 24,915.20 0.40%

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Mike Ashley's Frasers Group buys Harvey Nichols

13th Aug 2026 13:31

(Sharecast News) - Mike Ashely's Frasers Group confirmed on Thursday that it has bought department store chain Harvey Nichols from FTI Consulting after it went into administration.

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US jobless claims come in ahead of expectations

13th Aug 2026 12:35

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 8 August, according to the Labor Department, with initial claims coming in ahead of Wall Street estimates.

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Director dealings: Sthree CEO raises stake

13th Aug 2026 12:28

(Sharecast News) - Sthree revealed on Thursday that chief executive Timo Lehne had acquired 20,427 shares in the London-listed staffing specialist.

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London midday: FTSE stays down as miners slump

13th Aug 2026 11:10

(Sharecast News) - London stocks were still a little weaker by midday on Thursday, led lower by weakness in the mining sector, as investors mulled the latest UK GDP reading.

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