FTSE 100 in the doldrums as Wall Street opens in negative territory
Companies
FTSE 100 in the doldrums as Wall Street opens in negative territory
The main indices in New York pulled back in early deals, following the trend set by global markets
FTSE 100 down 86 points
Tobacco firms under pressure
2.45pm: Wall Street opens in the red
The main indices on Wall Street started Tuesday’s session in negative territory, following a similarly cautious trend set by global markets.
Shortly after the opening bell, the Dow Jones Industrial Average was down 0.37% at 33,952 while the S&P 500 dropped 0.28% to 4,151 and the Nasdaq fell 0.19% to 13,888.
FTSE 100 closes 2% lower as coronavirus concerns hit sentiment
Britain s blue-chip index finished down 140 points, or 2%, at 6,859 InterContinental Hotels among the day s fallers
FTSE 100 closes down 2%
Tobacco firms under pressure
5.05pm: FTSE in the red
FTSE 100 closed firmly in the red on Tuesday as coronavirus (COVID-19) fears continued to dampen investor sentiment, while the strong pound didn t help the internationalised share index.
Britain s blue-chip index finished down 140 points, or 2%, at 6,859. FTSE 250 also fell, shedding over 382 points, or 1.7%, at 22,108. European markets have been hit hard today, with rising global coronavirus cases serving as a timely reminder that the pandemic is far from over despite recent vaccination progress, said Joshua Mahony, senior market analyst at trading group IG.
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A glance at some of the day s highlights from the Proactive Investors newswire
Franchise Brands PLC (LON:FRAN) made a strong start to the year, it said, with underlying earnings (EBITDA) growing 24% to £2mln in the first three months of 2021 as turnover returned to pre-Covid levels towards the end of the period.
88 Energy Ltd’s (LON:88E) quarterly activities update said the Merlin well is able to be re-entered to drill a side-track that could be flow-tested. It comes after the well provided some evidence of oil but due to equipment failure and poor hole conditions, could not be fully tested.
FTSE 100 slides to week s low on virus concerns as Wall Street stuck in negative territory
Companies
FTSE 100 slides to week s low on virus concerns as Wall Street stuck in negative territory
The UK blue chip index comes under pressure while US markets also firmly in the red InterContinental Hotels among the day s fallers
FTSE 100 down 107 points
Tobacco firms under pressure
Leading shares have hit a week s low as the fall away from 7000 continues.
The FTSE 100 has dropped 107.4 points or 1.53% to 6892.68.
Tobacco shares are still proving a drag, while a near 200 point fall on the Dow Jones Industrial Average is also adding to the downbeat mood.
DX Group drives ahead after adding 300 new vehicles to its delivery fleet
A look at the major movers on the London market on Tuesday
DX Group PLC (LON:DX.) has moved higher after delivering expansion news.
The parcels and courier group is up 4.13% or 1.25p to 31.55p after announcing the addition of 300 new vehicles to take its fleet to more than 900 strong.
Chief executive Lloyd Dunn said: [This is] a significant expansion of our fleet, and part of our wider investment programme in the business. The new vehicles support our ambitious growth plans, increasing our capacity and operational efficiency in support of our ambitious growth plans.