News Archive

Europe close: Mid-term election rally sends Stoxx 600 to highest since August

4th Nov 2026 17:06

(Sharecast News) - Stocks surged across Europe on Wednesday and oil prices sank as global financial markets reacted to the Democrats' sweeping victory in the US mid-term elections, with the Stoxx 600 hitting its highest in nearly three months.

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London close: Stocks hit three-week high in US election aftermath, oil prices drop

4th Nov 2026 16:52

(Sharecast News) - UK stocks jumped on Wednesday, with London's FTSE 100 hitting its highest in nearly three weeks as risk appetite soared in the aftermath of the Democrats' resounding success in the US mid-term elections and a big tumble in the price of oil

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McDonalds shares jump as international growth offsets subdued US market

4th Nov 2026 16:18

(Sharecast News) - Shares in McDonald's jumped on Wednesday after the fast-food giant reported a 9% increase in third-quarter profits despite falling sales in its domestic market, where customer traffic continued to decline.

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Culture secretary officially refers Sky-ITV deal to regulators

4th Nov 2026 15:29

(Sharecast News) - Lisa Nandy has officially issued a Public Interest Intervention Notice (PIIN) to ask Ofcom and the competition regulator to investigate the proposed Sky takeover of ITV, the culture secretary announced on Wednesday.

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FTSE 250 movers: Gold miners shine as yellow metal rallies; Trainline slumps

4th Nov 2026 15:21

(Sharecast News) - London's FTSE 250 was up 1% at 24,919.46 in afternoon trade on Wednesday.

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US services sector continues to expand as inflation pressures linger

4th Nov 2026 15:09

(Sharecast News) - US services sector growth remained solid in October, according to both S&P Global and the Institute for Supply Management, although rising costs and growing uncertainty continued to weigh on business confidence.

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US open: Stocks surge as investors bet on Washington gridlock after midterms

4th Nov 2026 14:46

(Sharecast News) - Major indices were sharply higher early on Wednesday after Americans overwhelmingly rejected Donald Trump's Republican party in the US midterm elections.

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Broker tips: Acceler8 Ventures, Haleon

4th Nov 2026 14:45

(Sharecast News) - Berenberg initiated coverage of Acceler8 Ventures with a 'buy' rating and a 130p target price on Wednesday, arguing that the company's exposure to China's lottery market offers significant upside that was not reflected in the current valuation.

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Director dealings: Dunelm CEO raises stake

4th Nov 2026 14:44

(Sharecast News) - Dunelm revealed on Wednesday that chief executive Clodagh Moriarty had acquired 16,105 ordinary shares in the FTSE 250-listed furniture and homewares retailer.

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FTSE 100 movers: Lion Finance surges on results; Weir slides

4th Nov 2026 14:30

(Sharecast News) - London's FTSE 100 was 1.6% higher at 10,805.49 in afternoon trade on Wednesday.

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US trade deficit narrows in September as exports hit record high

4th Nov 2026 13:43

(Sharecast News) - The US trade deficit narrowed in September as exports and imports both climbed to fresh highs, with a surge in capital goods shipments helping offset stronger demand for foreign products.

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Smiths News shares drop as weaker profits overshadow major contract wins

4th Nov 2026 13:39

(Sharecast News) - Shares in Smiths News slumped on Wednesday after the newspaper and magazine distributor reported a decline in annual earnings and highlighted the short-term impact of investment on profitability, with investors seemingly shrugging off news of major contract wins.

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Kraft Heinz boosts guidance, shares spark

4th Nov 2026 13:38

(Sharecast News) - US food giant Kraft Heinz amended its full-year outlook on Wednesday, sending its shares higher in early trading, as turnaround plans gathered pace.

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Jefferies downgrades Haleon to 'hold', cuts price target

4th Nov 2026 13:33

(Sharecast News) - Jefferies downgraded Haleon on Wednesday to 'hold' from 'buy' and cut the price target to 320p from 400p following the consumer healthcare firm's third-quarter update last week.

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Jefferies downgrades Haleon to 'hold', cuts price target

4th Nov 2026 13:33

(Sharecast News) - Jefferies downgraded Haleon on Wednesday to 'hold' from 'buy' and cut the price target to 320p from 400p following the consumer healthcare firm's third-quarter update last week.

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