FTSE 100 close down as Wall St awaits minutes from US central bank
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The FTSE 100 share index finished in negative territory Tuesday mirroring losses across the Atlantic as nervous Wall Street investors cautiously awaited minutes from the Federal Reserve&#39;s meeting on August 7.
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UK blue-chips closed lower, as the Bank of England (BoE) failed to ease economic concerns by leaving interest rates unchanged at 5.5 percent, while losses were exacerbated by a lower start on Wall Street.
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Leading shares closed a touch weaker today, well off session lows in-line with a rally from lows on Wall Street with concerns about the impact of China&#39;s decision to triple stamp duty seen as being overdone, dealers said.
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Leading shares have closed roughly flat, climbing back from day's lows, gaining limited direction from Wall Street as US shares opened lower ahead of key interest rate news, while inflation woes in the UK also pulled on blue chip sentiment after above-forecast numbers.
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U.S. stocks tumbled on Tuesday, with  the Nasdaq closing at a one-month low, after the Federal  Reserve said in minutes from a December meeting that interest  rates remained too low to contain inflation.
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The FTSE 100 closed just above its session lows as an uncertain morning by Wall Street and a turnaround in oil prices offset a largely positive batch of blue-chip results, dealers said.
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Wall Street is set to open down on  Tuesday with investors jittery after shares plunged in China  and awaiting key clues about the strength of U.S. consumption  from economic data and corporate earnings.
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Leading shares ended the week in positive territory, with a firm start on Wall Street and a recovery by financials helping the FTSE 100 to close just below its session highs, dealers said.
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Leading shares closed higher having remained in positive territory all day, with the banking sector leading a wide-spread rally on the FTSE 100, while Wall Street offered no guidance as US markets were shut for Presidents Day.
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US shares closed just a tad lower last night as the amrket held its breath ahead of the US election. The Dow Jones Industrial Average ended 7.82 points adrift (0.
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Leading shares closed in negative ground, while Wall Street was looking for direction over mixed data on the state of the US economy, dealers said.
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Leading shares closed at their best levels for the day, taking their cue from Wall Street, where investors shrugged off a downward revision to second-quarter US GDP, dealers said.
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Leading shares in London closed lower Tuesday hit by heavy falls on Wall Street while rumours of a potential problem at a London based hedge fund offset news of a significant stake build at Cadbury Schweppes, dealers said.
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The FTSE 100 lost ground Wednesday as investors positioned themselves ahead of interest-rate decisions by the Bank of England and the European Central Bank.
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Leading shares closed weaker but off lows today as Wall Street tested new highs close to the 14,000 level as some better than expected US earnings news offset a mixed US PPI report, with inflation concerns paramount in London after above-forecast CPI numbers.
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The FTSE 100 on Monday suffered its biggest one-day   fall since the terrorist attacks on the World Trade Centre more than six years ago as fears about the prospects for the global economy took hold.
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The FTSE 100 closed more than 100 points lower on Wednesday amid continued weakness on Wall Street.