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Walmart shares rise after reporting its inventory management and a jump in online sales helped it grow revenue above expectations, and Cisco shares move higher after an increase in orders helped it beat earnings estimates. Here’s what investors need to know today.
MARKET WRAPS Stocks: European shares extended their recovery on Tuesday as banking sector worries continued to ease. The agreement by First Citizens to buy the deposits and loans of Silicon Valley Bank has helped underpin sentiment, with Eu... | 05:54am
FTSE 100 Rises as Banking Sector Concerns Ease 0757 GMT - The FTSE 100 rises 0.5% to 7510 points as banking sector worries ease. "The purchase of large chunks of Silicon Valley Bank's assets by First Citizens has steadied nerves but some caution is... | 04:59am
BOE's Inflation Outlook Seen Posing Risk to Pound 1041 GMT - Sterling could depreciate as the Bank of England's expectations for inflation to ease significantly over the course of the year might be too optimistic, Commerzbank says. The BOE's inflat... | 07:10am
Sterling Rises as Pessimism Over UK Economy Eases 0727 GMT - Sterling gains and is the third best-performing G10 currency in March after the Japanese yen and Swiss franc, boosted by a reversal of some investor pessimism towards the U.K. economy, MU... | 03:57am