Stock prices in London traded lower on Wednesday afternoon, after a more robust than expected UK inflation reading damped Bank of England rate cut expectations.
The FTSE 100 index traded down 28.02.
Stocks in London are set to open lower on Tuesday, following mixed trade in New York overnight and declines in the Asian session.
IG says futures indicate the FTSE 100 to open down 47.5 points,. -May 21, 2024 at 01:52 am EDT
- MarketScreener
London s FTSE 100 is called to open lower on Tuesday, following a mixed close in New York overnight, and tepid trade in Asia.
Hawkish comments from some Federal Reserve central bankers on Monday.
Stock prices in London opened in the red on Tuesday, with some US interest rate cut optimism cooling after hawkish words from Federal Reserve central bankers.
The FTSE 100 index opened down 29.22.
Entain PLC backed its portfolio of diversified assets, as it reported the conclusions of a strategic review on Tuesday, opting to hold on to its brands, save for a non-core offering in Georgia.
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