Page 3 - Lead Equity Analyst News Today

Shares of Meta dropped sharply on Wednesday after the company reported falling revenue for a second straight quarter, and projected another decline in sales for the final quarter.

Pension funds have been told by the Bank of England that they have until Friday to balance their books before emergency support for the bond market is removed.

GDP fell by 0.3 per cent in August, much worse than the flatlining analysts had expected, with factories and consumer services firms struggling.

Higher sales prices are offsetting higher costs, meaning Berkeley Group Holdings PLC (LON:BKG)’s on track to meet its full year profit target.

There are already far-reaching productivity problems which keep a lid on economic growth, with an avoidable blip such as port strikes adding insult to an existing injury.

UK consumer confidence has plummeted to the lowest level since comparable records began, as the soaring cost of living casts serious doubt over people’s personal finances

Across at the tech-heavy Nasdaq, which has been in its longest bear market since one that ended back in 2008, came within a whisper of ending the trading day in bull territory too.

The downward pressure on the oil price is coming solely from a weakening of demand expectations, as markets brace for a potentially sharp economic contraction.

There are jitters flowing through the oil market today, ahead of an OPEC+ meeting which is expected to bear little fruit when it comes to changing current

While the general tone is so far positive, this has fed across to the FTSE, with the FTSE100 holding broadly steady following yesterday’s modest gains.