FTSE 100 heads lower as Google and Microsoft fail to inspire - Market Report
Автор: Proactive Investors
Загружено: 2024-01-31
Просмотров: 68
Описание:
The FTSE 100 was heading lower in early trading after US big tech earnings overnight failed to live up to the hype.
Google and Microsoft just about met expectations, but more was expected and shares in both dropped, souring the mood in London with Footsie down 17 at 7,648.
An upbeat statement from pharma giant GSK cut little ice, even though it promised hefty revenue would rise more than expected through to 2031. Sales in 2023 rose by 5% to £30.3 billion.
House prices rose by more than expected in January according to the latest survey from Nationwide, with gains of 0.7% over the month before.
Vodafone meanwhile has rejected a new offer from Iliad to merge the two group’s Italian businesses, sending its share price tumbling again.
Looking ahead new Brexit border controls come in today, while a US interest rate announcement will dominate the afternoon.
#ProactiveInvestors #marketreport #google #microsoft #gsk #iliad #vodafone #nationwide #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #brexit #bordercontrols #usrates #fed
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