FTSE 100 loses ground ahead of Fed meeting | 17 March 2021

17 March 2021 | 12:11pm
StockMarketWire.com - The FTSE 100 slumped by lunchtime ahead of the US Federal Reserve meeting later and as Germany downgraded growth forecasts. At midday the index was down 0.6% to 6,763.43.
Any sign that the Fed might ease off on its dovish stance on interest rates would indicate the US economy was on the mend, but could spook markets grown accustomed to an abundance of cheap credit.
Wealth management company Hargreaves Lansdown climbed 0.9% to £15.63, having upgraded its profit outlook after reporting elevated share dealing volumes since the end of January.
Hargreaves Lansdown now expected pre-tax profit for the year through June 2021 'modestly above' the top end of analyst expectations ranging from £334 million to £360 million.

Related Keywords

United Kingdom ,Germany ,Goose Bay ,Newfoundland ,Canada ,Hargreaves Lansdown ,Serco ,Bt Group Plc ,Lon Bt A ,Bta L ,Bta ,Lon Hl ,Thl L ,Hl ,Lon Sspg ,Sspg L ,Sspg ,Lon Cpi ,Cpi L ,Cpi ,Lon Fxpo ,Fxpo L ,Fxpo ,ஒன்றுபட்டது கிஂக்டம் ,ஜெர்மனி ,வாத்து வளைகுடா ,நியூஃபவுண்ட்லேண்ட் ,கனடா ,ஹார்‌க்ரீவ்ஸ் ல்யாந்ஸ்ட்வ்ந் ,செர்கோ ,பிடி குழு ப்ல் ,லோன் பிடி ,பட ல் ,பட ,லோன் ஹ்ல் ,ஹ்ல் ல் ,ஹ்ல் ,லோன் சிபி ,சிபி ல் ,சிபி ,