News Archive

US close: Stocks fall to six-week low on rising yields, oil prices

10th Sep 2026 21:55

(Sharecast News) - US stocks fell to a six-week low on Thursday as bond yields climbed and oil prices continued to rise amid fears that the Middle East conflict could turn into a protracted war following comments from Donald Trump.

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Europe close: Stocks fall as Brent hits $106 a barrel, ECB strikes hawkish tone

10th Sep 2026 15:40

(Sharecast News) - European stocks fell on Thursday as Brent crude hit $106 a barrel and following an expected rate hike from the European Central Bank, which struck a hawkish tone on the outlook.

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US open: Stocks lower as traders digest PPI report, rising energy prices

10th Sep 2026 15:18

(Sharecast News) - Major indices were in the red at the opening bell on Thursday as market participants digested the first of two key inflation reports set for release before the end of the week.

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US existing home sales decreases by 2pc in August

10th Sep 2026 15:05

(Sharecast News) - US existing home sales decreased by 2% in August, according to the National Association of Realtors, with month-on-month sales holding steady in the West and declining in the Northeast, Midwest and South.

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FTSE 250 movers: THG slumps; Oil stocks gain

10th Sep 2026 14:57

(Sharecast News) - FTSE 250 (MCX) 23,940.24 -0.70%

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Broker tips: Dunelm, McBride

10th Sep 2026 14:41

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price for Dunelm on Thursday, cutting it from 1,240p to 1,185p, although the broker maintained its 'buy' rating as it updated forecasts following the group's new three‑year growth plan.

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Berenberg starts McBride at 'buy'

10th Sep 2026 14:29

(Sharecast News) - Berenberg initiated coverage of McBride on Thursday with a 'buy' rating and a 275p price target, saying the household‑products manufacturer had rebuilt margins and its balance sheet to the point where a more optimistic growth outlook was now emerging.

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Director dealings: Dunelm chair increases shareholding

10th Sep 2026 14:26

(Sharecast News) - Dunelm revealed on Thursday that chairwoman Alison Brittain had acquired 10,000 ordinary shares in the FTSE 250-listed homewares retailer.

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OPEC cuts 2026 oil demand outlook for fifth time

10th Sep 2026 14:06

(Sharecast News) - The Organization of the Petroleum Exporting Countries on Thursday lowered its forecast for oil demand growth in 2026 for the fifth straight month as ongoing conflict across the Middle East continues to threaten key shipping routes.

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US producer prices rise 0.4pc in August as energy and freight costs weigh

10th Sep 2026 14:04

(Sharecast News) - US producer prices rose in August, according to the Bureau of Labor Statistics, with the PPI for final demand up 0.4% month‑on‑month and 5.4% year-on-year.

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FTSE 100 movers: AB Foods slumps on trading update; BP, Shell gush higher

10th Sep 2026 14:00

(Sharecast News) - London's FTSE 100 was down 0.6% at 10,611.15 in afternoon trade on Thursday.

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Metlen divests Tamarico solar project for undisclosed sum

10th Sep 2026 13:27

(Sharecast News) - Metlen Energy & Metals on Thursday said it was selling its Tamarico II solar-plus-storage project in Chile to a unit of domestic energy group Copec for an undisclosed sum.

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Friday preview: All eyes on US inflation; Berkeley update due

10th Sep 2026 13:19

(Sharecast News) - The latest US inflation reading will be the star of the show on Friday, while in the UK, GDP, industrial production and manufacturing production figures for July will be out.

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Accel-KKR to buy Eleco in £206.7m deal

10th Sep 2026 13:18

(Sharecast News) - Construction software provider Eleco has agreed to be taken over by private equity firm Accel-KKR in a £207.6m deal.

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US initial jobless claims dip by 1,000 as labour market holds firm

10th Sep 2026 12:32

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 5 September, according to the Labor Department, extending recent resilience in the labour market.

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