News by: Himanshu Singh
Shares rose as profit at industrial companies in China increased by 17.9% in June from a year earlier, after gaining 8.9% in May.
And Lloyds Banking Group is to set aside another £500 million to compensate customers mis-sold payment protection insurance.
And the UK Government is expected to launch the "14th onshore licensing round", inviting companies to bid for fracking rights in previously untouched areas.
And UK’s second quarter GDP growth of 0.8% means total economic output was 0.2% points bigger than in the first quarter of 2008, its previous peak.
However, the S&P 500 set another record closing high as Facebook rallied on higher revenue.
And junk bond returns head for worst month in nearly a year as bull run stalls.
And Big Six energy suppliers could be broken up by investigation into profits and prices, as Competition and Markets Authority sets out its concerns about the sector.
However, Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
The S&P 500 hit an intraday record boosted by better-than-expected inflation and housing reports and amid upbeat earnings reports.
And a dispute over two warships France is building for Russia is threatening to overshadow a high-stakes meeting of EU foreign ministers.
And the Serious Fraud Office has launched a criminal investigation into alleged rigging of the £3 trillion-a-day foreign exchange markets .
Concern tension in Ukraine could lead to deeper sanctions against Russia kept investors on the sidelines before major earnings reports.
And RJ Reynolds, America’s second biggest tobacco company, has been ordered to pay $23.6 billion in punitive damages to the widow of a cigarette smoker who died of lung cancer.
Technology and industrial shares led the advance amid a global rebound as investors set aside geopolitical concerns.
And the UK remains the most attractive destination in Europe for foreign business investment, winning almost 1,800 new projects in the past year.
And revenues at Google’s British operation surged 22% to $1.62 billion in the three months to June, in a positive sign for the wider UK economy.
Investors sold stocks in a move to avoid risk as the crash stoked concerns that the conflict in Ukraine might widen.
And the UK competition regulator is set to recommend a full-blown inquiry into small business lending and current accounts.
And unemployment fell last month as Britain's economy added jobs at an unprecedented pace, according to official figures.
Time Warner Inc shares surged 17.1% after Twenty-First Century Fox confirmed it made an $80 billion takeover offer for the company that was turned down.