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The FTSE 100 Index closed Thursday down 0.4% to 7471 points on the back of higher U.K. yields while the potential demise of Thames Water put the utilities sector under pressure, IG Group chief market analyst Chris Beauchamp says in a note.
now with the second round of tariffs that the president said he will impose september 1, that could potentially be a problem and hit the companies. that s where the concern comes in. when the numbers don t look good and the fundamentals start to weaken, you have a reason for selling. neil: error erin, is it your sense that the market me anders from here and moving this aside, the trade concerns aside and focus on bigger issues like the growing global slow down? it s been in a picture a long time. what is propping up equities, despite having lower earnings and lower profitability expectations, we re getting the rate cuts, right? that s balancing the two. you know, you re not getting any return in fixed income so might as well prop up the equities. ultimately we have to face the fact that we re looking at slower profit growth and for