US open: Nasdaq leads the recovery after Thursday's selloff
US stocks rose on Friday as bargain hunters stepped in following a tech-led selloff in the previous session, and as a much stronger-than-expected non-farm payrolls report cemented the case for a December rate hike.
FTSE 100 movers: IAG flies higher after results; BT under the cosh
London’s FTSE 100 was down 1. 3% at 10,647. 39 in afternoon trade on Friday.
Broker tips: Croda, eEnergy
Berenberg has raised its target price on Croda to £44. 00 from £36. 00, arguing that the key risks to the speciality chemicals group's post-pandemic recovery are continuing to recede following its latest trading update.
Moderna lifts revenue outlook after return to profit
Moderna shares rose in early trading on Friday after the US biotechnology company raised its full-year revenue forecast following stronger-than-expected third-quarter sales and a return to profit.
Man Group tumbles on potential $155m payout in corruption case
Shares of Man Group tumbled on Friday after the High Court ruled that the investment manager could have to pay around $155m for its part in a corruption case involving Kuwait's state pension fund, the Kuwaiti Public Institution for Social Security (PIFSS).
US jobs growth surges past forecasts in October as wage inflation accelerates
US job creation accelerated sharply in October, comfortably beating forecasts, while unemployment edged lower and wage growth unexpectedly picked up, according to official figures released on Friday.
Scottish Mortgage Inv't Trust outperforms as SpaceX, AI investments drive returns
Scottish Mortgage Investment Trust reported a sharp rise in net asset value over the first half of its financial year, significantly outperforming global equity markets as investments in SpaceX, artificial intelligence and biotechnology delivered strong returns.
Director dealings: eEneregy chairman raises stake
eEnergy revealed on Friday that chairman John Samuel had acquired 6. 13m ordinary shares in the AIM-listed digital energy services provider.
Europe midday: Losses extend as investors flee AI stocks
European stockmarkets were a sea of red on Friday after tech stocks were battered on Wall Street and Asia overnight amid fears of a slowdown in the much-hyped artificial intelligence spending boom.
US pre-open: Futures mixed after Nasdaq tumbles into correction territory
Wall Street futures were mixed ahead of the opening bell on Friday as market participants looked ahead to October's all-important jobs report.
London midday: FTSE 100 plunges amid global rout
London stocks had plunged further into the red by midday on Friday, putting the FTSE 100 on course for its biggest one-day drop since March, as global markets tumbled.
Berenberg lifts Croda target price to £44, sees turnaround risks continuing to ease
Berenberg has raised its target price on Croda to £44. 00 from £36. 00, arguing that the key risks to the speciality chemicals group's post-pandemic recovery are continuing to recede following its latest trading update.
Asia report: Equity markets tumble on AI, chip sell-off
Asian stock markets suffered heavy losses on Friday, tracking gains on Wall Street the previous evening, as a renewed sell-off in AI and chip stocks swept across the region.
Naked Wines to return up to £5.7m to investors, share price soars
Shares in Naked Wines fizzed on Friday, after the online wine retailer reiterated full-year guidance and unveiled plans to return up to £5. 7m to shareholders.
Canaccord cuts eEnergy target price after dilutive fundraise, keeps 'buy' stance
Canaccord Genuity has slashed its target price on eEnergy to 0. 9p from 9. 0p, reflecting the sharp increase in the company's share count following its recent fundraising, while reiterating its 'buy' recommendation on the stock.
Q3 profits jump at TBC Bank, shares spark
Shares in TBC Bank Group rallied on Friday, after quarterly numbers from the Georgian lender cheered investors.
Rightmove upgrades EPS outlook despite tougher housing market backdrop
Property portal operator Rightmove upgraded its earnings guidance on Friday after delivering revenue and profit growth in line with expectations, with the group pointing to strong execution, rapid product innovation and continued cost discipline despite challenging UK housing market conditions.
Eurozone retail sales decline more than expected
Retail sales across the eurozone dropped in September, marking the joint-steepest monthly decline in more than two years as consumer spending weakened across the currency bloc, according to figures released on Friday by Eurostat.
Lords Group shares tank as weak trading prompts profit warning
Shares in Lords Group Trading plunged on Friday morning after the building materials distributor warned that full-year profits would be hit by weaker-than-expected trading in its plumbing and heating division, while pushing back expectations for a market recovery.