Next shares dive as sales miss City forecasts – business live

British manufacturing strengthened in October, but the City faces up to 75,000 job losses after Brexit


Breaking: America’s factory sector is expanding at its fastest rate since January.

Markit’s US manufacturing PMI rose to 54.6 in October, up from 53.1 in September. That’s comfortably over the 50-point mark separating expansion from contraction.

US Markit Manufacturing PMI Final (Oct) 54.6 (Prev. 54.5)

ADP reported U.S. private-sector payrolls up 2.08% in the year through October, fastest pace of growth since March 2016

Wall Street traders have held a moment’s silence as a mark of respect for those who were killed in Tuesday’s truck attack in New York.

.@nyse and @Nasdaq observe a moment of silence after the New York City terror attack.

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