London shares close weaker
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UK blue chips have closed weaker but off session lows, although Wall Street made dull progress today, with London investors focused on a mixed batch of major results and corporate news.
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London shares closed sharply lower, albeit above the session low which was the biggest fall in over six years as US recession fears weighed on sentiment with UK investors unable to take any direction from Wall Street, closed for the Martin Luther King holiday.
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Leading shares closed a touch lower Monday as Wall Street was also negative amid disappointing factory data and after severe declines in Chinese stocks, with property sector losses weighing on UK blue-chips.
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The FTSE 100 closed sharply lower Tuesday -- its lowest level for over a year -- as a 9.8 billion dollars Q4 loss from Citigroup and weaker than expected retail sales sent the Dow into an early three-figure dive, with retailers back in the spotlight after Christmas trading updates from Tesco and Debenhams.
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Leading shares closed weaker on Tuesday, with BAE Systems sharply lower after the US Department of Justice started a probe into its compliance with anti-corruption laws.
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Leading shares closed weaker with Wall Street remaining lower on interest rate jitters and Enterprise Inns down in the blue chips ahead of the July 1 smoking ban.
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Leading UK shares closed mixed, following three days of decline, and were well off highs, after a rally on Wall Street faded.
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Leading shares closed near lows as Wall Street remained weaker on news of credit default troubles at American International Group Inc., with falls from the UK insurers and banking sectors.
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U.S. stocks closed lower on Monday as growing concerns about the subprime mortgage market dragged down shares of Bear Stearns Cos.  and Goldman Sachs Group .
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Leading shares closed down Wednesday, just off session lows, with financial stocks providing the main drag on the Footsie, while Wall Street made heavy losses after disappointing pending home sales data hit investor confidence.
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UK blue-chips closed lower Tuesday after a turn-around in fortunes among listed resource stocks amid weaker commodity prices, with Northern Rock disappointing investors by succumbing to pressure from the FSA to withhold its dividend.
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Leading shares ended lower as weakness in oil heavyweights and a mixed Wall Street offset merger and acquisition fuelled gains in miners and ICI disposal news.
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UK blue chips closed firmer Wednesday albeit below the session peak as some underlying market jitters countered morning gains on Wall Street and a bounce back by financials, with Northern Rock rallying after confirming it has received a number of approaches.
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London equities closed with small losses on Friday, after a lacklustre morning on Wall Street took the shine off the market.
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Leading shares closed weaker for the fifth day out of the last six, with the heavyweight mining sector badly hurt, but a relatively mild fall on Wall Street helped ensure that the FTSE 100 finished well off session lows.
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US stocks closed weak yesterday as investors collected profits for a second straight day despite an unexpected drop in unemployment claims.
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London shares closed lower after a volatile session that saw the FTSE 100 cover a 326-point range, with oil shares lower on weaker crude prices and cell phone maker Motorola adding to a gloomy corporate picture by posting a dramatic slide in earnings.