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Japan's Nikkei index slid for the second day in a row on Tuesday, after weak economic data in the US made investors wary of taking on risk.

Leading UK companies' profits dropped 34% over the year to end-March, according The Share Centre's Profit Watch UK research report.

Morningstar has revealed a list of ten most sought-after stocks in the second quarter, based on searches via its website.

Markit, the financial information services group and index provider, has created the ETF Encyclopedia, offering information on exchange-traded products (ETPs) around the world.

While the outlook for the market remains uncertain, the US recovery is showing clear signs of progression.