News Archive

US close: Stocks mixed as inflation picks up, trade deficit widens

30th Sep 2026 22:04

(Sharecast News) - Major indices delivered a mixed performance on Wednesday as traders digested a heavy slate of economic data, led by a firmer August PCE inflation print and further signs of cooling activity across housing, trade and inventories.

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Europe close: Stocks fall as inflation accelerates, oil prices rise

30th Sep 2026 15:41

(Sharecast News) - European stocks were in the red on Wednesday as inflation accelerated strongly across the region's three largest economies, while oil prices rebounded due to ongoing supply concerns in the Middle East.

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Chicago PMI smashes forecasts to hit four-month high

30th Sep 2026 15:41

(Sharecast News) - Business activity across the greater Chicago metropolitan area increased at its fastest pace in four months in September, according to ISM-Chicago, rebounding after its first contraction of the year in August.

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Mattel chief executive to step down

30th Sep 2026 15:38

(Sharecast News) - The long-serving chief executive of Barbie-owner Mattel is stepping down, it was confirmed on Wednesday, to be replaced by Conde Nast head Roger Lynch.

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Broker tips: Kier, 3i Infrastructure

30th Sep 2026 15:14

(Sharecast News) - Analysts at Berenberg lifted their target price for Kier on Wednesday, raising it from 300p to 370p, as they reiterated that the contractor's evolving strategy and clearer medium‑term framework were being well received by the market.

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Canaccord Genuity raises 3i Infrastructure to 'hold'

30th Sep 2026 15:12

(Sharecast News) - Canaccord Genuity upgraded 3i Infrastructure from 'sell' to 'hold' on Wednesday, saying the latest trading update pointed to solid progress in the first half and a stronger‑than‑expected outlook for net asset value.

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US open: Stocks edge higher as traders digest firmer PCE inflation

30th Sep 2026 14:53

(Sharecast News) - US stocks opened slightly higher on Wednesday as traders digested a heavy slate of economic data, led by a firmer August PCE inflation print and further signs of cooling activity across housing, trade and inventories.

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Director dealings: Sysgroup non-executive director raises stake

30th Sep 2026 14:52

(Sharecast News) - Sysgroup revealed on Wednesday that non-executive director Michael Fletcher had acquired 77,623 ordinary shares in the AIM-listed managed technology partner.

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US Q2 economic growth revised higher

30th Sep 2026 14:23

(Sharecast News) - US economic growth was revised higher in the second quarter, according to the Commerce Department, with GDP now estimated to have risen at an annualised 2.2% pace, supported by firm consumer spending and continued business investment tied to AI‑related infrastructure.

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FTSE 100 movers: Energy stocks slump, miners gain

30th Sep 2026 14:22

(Sharecast News) - London's FTSE 100 was down 0.1% at 10,621.60 in afternoon trade on Wednesday.

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London close: FTSE ends on back foot as oil prices head north

30th Sep 2026 14:17

(Sharecast News) - London stocks closed in negative territory on Wednesday, giving up earlier gains, as oil prices once again pushed higher despite better-than-expected inflation data in the US.

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German inflation ticks higher as energy costs mount

30th Sep 2026 14:15

(Sharecast News) - German inflation is set to push higher in September, according to official forecasts published on Wednesday, as energy prices continued to soar.

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FTSE 250 movers: Greggs, Saga surge

30th Sep 2026 13:39

(Sharecast News) - FTSE 250 (MCX) 24,560.47 0.76%

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US PCE inflation strengthens in August amid solid consumer spending

30th Sep 2026 13:35

(Sharecast News) - US inflation firmed in August, with the personal consumption expenditures price index rising 0.3% on the month and 3.4% year‑on‑year, according to the Bureau of Economic Analysis.

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Atlas Metals shares sink as H1 losses widen

30th Sep 2026 13:33

(Sharecast News) - The market value of Atlas Metals dropped by around a fifth on Wednesday after the mining and energy investment firm reported that operating losses quadrupled in the first half.

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