The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value. [Yesterday 16:20]
Growth concerns hammered markets across the globe on Thursday, with banking and mining stocks bearing the brunt of the sell-off in London as the impressive year-to-date rally ran out of steam. [Yesterday 15:12]
Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China. [Yesterday 11:32]
Shares in St James's Place (SJP) fell sharply on Thursday morning after Lloyds placed 77m shares in the wealth manager, but Panmure Gordon kept its 'buy' rating for the stock saying it still remains its top pick for 2013. [Yesterday 10:09]
Worries about the Federal Reserve 'tapering' quantitative easing (QE) prematurely spooked markets on Thursday morning, along with a disappointing reading of manufacturing activity in China. [Yesterday 08:31]
The Telegraph says that Waitrose head Mark Price is refusing to meet with Ocado chief Tim Steiner after the online grocery group agreed to help rival Morrison develop an online shopping website. [Yesterday 06:54]
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