The FTSE 100 closed down 0.1% on Tuesday, dragged by weaker U.S. markets. Meanwhile, Bank of England governor Andrew Bailey confirmed U.K. interest rates could be cut before inflation hits the 2%.
London s blue-chip index ended the session 0.81% lower at 7,512.28 points on Tuesday after U.S. inflation data sent global markets lower, dragging the FTSE 100 to its lowest point since Jan. 25. A.
FTSE 100 Closes Lower as Equities Slid on U S Inflation Data morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The FTSE 100 closed Wednesday down 0.6% to 7628 points, dragged by the consumer-goods, retail and mining sectors, IG Chief Market Analyst Chris Beauchamp said in a note. Despite the index s.
The FTSE 100 closed the session 1.40% higher at 7,635.09 points. A brighter economic outlook, helped by a rising oil price, strong U.S. personal spending, home sales rising the most in three years.