Supply chain bottlenecks hit UK and US factories; Squid Game memecoin wipeout; Wall Street at record highs – business live
Rolling coverage of the latest economic and financial news, as UK manufacturing output growth slows to an eight-month low
- Squid Game memecoin plunged to nearly zero
- Wall Street at record – Dow clears 36,000 points
- UK factory output growth slows amid supply chain problems
- Diesel prices hit record at UK pumps
- Staley steps down at Barclays after FCA investigation
- Full story: Barclays chief Jes Staley steps down after Epstein investigation
Europe’s financial markets have begun November with fresh gains, at the start of a big week for central bankers.
The pan-European Stoxx 600 index has hit a new record high this morning, up 0.6% at 478.52 points. Healthcare stocks, banks and utilities are the best-performing sectors, followed by energy and industrials.
