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FTSE Down, Sterling May Weaken Even if BOE Looks Likely to Lift Rates

FTSE Down, Sterling May Weaken Even if BOE Looks Likely to Lift Rates
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FTSE 100 Closes Tuesday Down Slightly on Mercurial Mood

FTSE 100 Closes Tuesday Down Slightly on Mercurial Mood
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.

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FTSE Closes Lower as Bearish Mood Overtakes Investor Sentiment

Provided by
Dow Jones
Feb 10, 2021 5:16 PM UTC
Market News:
FTSE 100 6,524.36 -7.20 -0.11%
FTSE 250 20,996.44 -116.50 -0.55%
FTSE AIM 1,211.51 -0.31 -0.03%
Shares in London closed moderately in red territory as the momentum that had driven gains in recent days has now ebbed. For much of the day, investor sentiment was higher as it appeared likely that the U.S. government was nearing approval of its $1.9 trillion spending plan. Roughly an hour ago, sentiment turned a little bearish as U.S. tech stocks rolled over and that impacted confidence on this side of the Atlantic, said David Madden, Market Analyst at CMC Markets UK. ....

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