FTSE 100 closes in red as travel stocks and miners weigh
The UK s top share index finished the afternoon session down over 43 points, or 0.61%, at 7,064
FTSE 100 closes down 43 points
US stocks mixed
5.15pm: FTSE closes lower
FTSE 100 closed in the red on Thursday, weighed down by travel and commodity groups.
The UK s top share index finished the afternoon session down over 43 points, or 0.61%, at 7,064.
Midcap FTSE 250 was also lower, closing down over 180 points, or 0.57%, at 22,802.
Over on Wall Street, it was a mixed bag. The Dow Jones Industrial Average added over 35 points, but the S&P 500 and Nasdaq were lower, by eight points and 112 points respectively.
Tetra Bio-Pharma Inc (TSE:TBP) (OTCMKTS:TBPMF) (FRA:JAM1) expects to generate over C$47.5M from DanCann Pharma distribution deal
HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) plans at least 16,000 metres of drilling in Alaska this year as it approves C$10M exploration budget
CytoDyn Inc (OTCQB:CYDY) strikes agreement with AEIH in Brazil to run two coronavirus trials using its flagship drug leronlimab
2.39pm: Wall Street opens higher after ADP jobs data
The main indices on Wall Street opened on the front foot on Wednesday after the latest ADP jobs report showed a surge in private sector hiring in April, although less than analysts had expected.
Tetra Bio-Pharma Inc (TSE:TBP) (OTCMKTS:TBPMF) (FRA:JAM1) expects to generate over C$47.5M from DanCann Pharma distribution deal
HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) plans at least 16,000 metres of drilling in Alaska this year as it approves C$10M exploration budget
CytoDyn Inc (OTCQB:CYDY) strikes agreement with AEIH in Brazil to run two coronavirus trials using its flagship drug leronlimab
2.39pm: Wall Street opens higher after ADP jobs data
The main indices on Wall Street opened on the front foot on Wednesday after the latest ADP jobs report showed a surge in private sector hiring in April, although less than analysts had expected.
Explore Now
A 3 lakh-plus Covid case count for a second day, concerns over the economic impact of lockdowns, weakness in the rupee and an overnight drop in US stocks are likely to hit sentiment on Dalal Street on Friday. Most Asian markets traded higher in early trade, and technical charts for the domestic indices are hinting at a recovery ahead.
Here s breaking down the pre-market action:
STATE OF THE MARKETS
Nifty futures on the Singapore Exchange traded 82 points, or 0.57 per cent, lower at 14,320 in signs that Dalal Street was headed for a negative start on Friday.
Tech View: Nifty forms Piercing Line pattern