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Wall Street stocks were in the green early on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
Economic activity in the U. S. slowed last month, the results of two closely followed surveys revealed.
London’s FTSE 100 was up 0. 1% at 8,033. 08 in afternoon trade on Tuesday.
88 Energy announced its intention to raise up to AUD 9. 8m (£5. 23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.
New home sales in the United States bounced back strongly in March after a sharp downwards revision to numbers the month before.
Jupiter Fund Management shares fell on Tuesday as the investment firm saw net outflows of £1. 6bn during the first quarter.
US auto giant General Motors on Tuesday lifted its profit and cash flow guidance for the full year after a strong first quarter in which it beat market forecasts.
Bushveld Minerals updated the market on mineral resources and reserves for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex on Tuesday.
The Bank of England’s chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".
Power Metal Resources announced the completion of drillhole DDH1-14C at its Molopo Farms Complex project in southwestern Botswana on Tuesday.
US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
Wall Street futures were in the green ahead of the bell on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
Music streaming service Spotify missed its own active user estimates in the first quarter but reported a 20% rise in revenue.
London's FTSE 100 was on set for its second record in as many days on Tuesday, as easing concerns about the Middle East and a weaker pound gave market sentiment a boost.
European shares surged ahead on Tuesday, with Britain's FTSE 100 index hitting a record high and upbeat survey data from the eurozone boosting sentiment.
Software-as-a-service technology company Itim Group has inked an additional professional services contract with toy retailer The Entertainer.
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
RBC Capital Markets has slashed its target price for Watches of Switzerland Group ahead of its full-year trading update next month, projecting a "tough" luxury watch market.
Exploration firm Baron Oil said on Tuesday the chairman John Wakefield has stepped down from the board as it made a series of changes to its governing structure.