EUROPE MARKETS: FTSE 100 Falls With Markets' Mini Winning Streak Under Threat

Fecha : 10/01/2019 @ 05:14
Fuente : Noticias Dow Jones
Emisora : FTSE 100 (UKX)
Cotización : 7334.19  5.27 (0.07%) @ 10:35
FTSE 100 Cotización de acciones Gráfica

EUROPE MARKETS: FTSE 100 Falls With Markets' Mini Winning Streak Under Threat

Halfords (LSE:HFD)
Gráfica de Acción Histórica

6 Meses : De Nov 2018 a May 2019

Haga Click aquí para más Gráficas Halfords.

By Emily Horton

London markets followed Europe's major indexes into the red on Thursday, though a group of big U.K. retailers bucked the trend on the back of the latest Christmas figures.

What did markets do?

The U.K.'s FTSE 100 dropped 0.4% to 6,877.79, after finishing 0.7% up on Wednesday. The pound dropped to $1.2758 from $1.2788, late in New York on Wednesday.

What is driving the markets?

British secretary of state for business Greg Clark on Thursday warned that crashing out of the European trading bloc without a deal would be a "disaster" for the U.K (http://www.marketwatch.com/story/brexit-brief-uk-business-secretary-warns-of-disaster-from-crash-out-exit-2019-01-10). His comments differ from the policy line of his boss, Prime Minister Theresa May, who has so far refused to rule out the prospect of a no-deal Brexit.

On Wednesday, more than 300 British politicians backed an amendment that will require May to outline a new Brexit plan within three days if her current proposal is rejected at a vote on Jan. 15.

(http://www.marketwatch.com/story/us-gains-312000-jobs-in-final-month-of-2018-soaring-above-wall-street-forecast-2019-01-04)In China, consumer and producer prices decelerated sharply (http://www.marketwatch.com/story/chinas-sluggish-prices-raise-deflation-fears-2019-01-10-24851247) last month, compounding the challenge for Beijing to boost sluggish demand in a deepening economic downturn. This replaced the investor optimism around the progress in U.S./China trade talks that had lifted markets on Wednesday.

Another worry for investors is the partial U.S. government shutdown, with the stalemate entrenched after President Donald Trump walked out of his latest meeting with Democrats (http://www.marketwatch.com/story/trump-today-president-keeps-border-emergency-option-on-table-as-he-meets-with-lawmakers-2019-01-09).

What stocks are active?

U.K. bicycles-to-car parts retailer Halfords Group PLC (HFD.LN) dropped by 18%, after it announced weak consumer confidence would hit its profits projections for 2019, Reuters reported (https://www.reuters.com/article/halfords-grp-outlook/update-1-halfords-shares-set-to-sink-on-profit-warning-idUSL3N1ZA2PW).

Miners were also under pressure on Thursday, with BHP Group PLC (BHP.LN) losing 6%. Fashion designer Burberry Group PLC (BRBY.LN) lost almost 3%, amid mounting evidence for the Chinese consumer spending slowdown.

Supermarkets took to the FTSE 100 top spots on Thursday. Marks & Spencers Group PLC gained almost 3%, despite a fall in sales figures (http://www.marketwatch.com/story/marks-spencer-sales-fall-backs-guidance-2019-01-10). Tesco PLC (TSCO.LN) gained 2% after it announced strong Christmas sales results (http://www.marketwatch.com/story/tesco-beats-on-christmas-sales-targets-on-track-2019-01-10). J Sainsbury PLC (SBRY.LN) and Wm. Morrisons Supermarket PLC (MRW.LN) also added 2%

 

(END) Dow Jones Newswires

January 10, 2019 05:59 ET (10:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Su Consulta Reciente
BMV
FIBRAPL14
Fibra Prol..
BMV
AMXL
América Mó..
BMV
ME
IPC México
BMV
ALSEA*
Alsea
FX
USDMXN
United Sta..
Las acciones que ha visto aparecerán en este recuadro, lo que le permite volver fácilmente a las cotizaciones que ha consultado previamente
Registrarse ahora para crear su lista personalizada de acciones en streaming.

Cotizaciones PLUS están en tiempo real. Cotizaciones NYSE y AMEX están con retraso de por lo menos 20 minutos.
El resto de las cotizaciones están con retraso de por lo menos 15 minutos al menos que se indique lo contrario.

Al acceder a los servicios disponibles de ADVFN usted acepta quedar sujerto a los Términos y Condiciones

P: V:mx D:20190522 19:10:46