FTSE slips back after briefly striking four-year high
1 year, 11 months ago

FTSE slips back after briefly striking four-year high

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 took a small step backwards on Tuesday after the blue-chip index briefly lifted to a four-year high. Michael Hewson, chief market analyst at CMC Markets UK, said: “The FTSE 100 has underperformed despite briefly pushing up to a new four-year high, with the record high at 7,903 remaining tantalisingly just out of reach. “Today’s main drag on the UK benchmark has been the more defensive sectors of healthcare, with some underperformance from some big caps like Unilever, AstraZeneca, and HSBC.” Chris Beauchamp, chief market analyst at IG, said: “This looks like a temporary interruption to the index’s victorious progress however – the trading statement season has gone well so far for UK firms, providing a foundation for further gains in the near term.” Across the Atlantic, US traders returned to work with some pessimism, with the key markets slipping on the opening bell after the latest Empire manufacturing survey showed economic activity plunged in January.

History of this topic

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6 days, 1 hour ago
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6 days, 18 hours ago
FTSE 100 gains 6% in 2024 despite ‘lack of enthusiasm’ for UK stock markets
1 week, 1 day ago
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1 week, 1 day ago
London’s FTSE 100 loses ground as UK service sector growth slows
1 month ago
FTSE 100 lifts to month-high amid strong banking stocks
1 month, 2 weeks ago
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1 month, 2 weeks ago
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1 month, 4 weeks ago
AstraZeneca drags on FTSE as Wall Street positive amid US election voting
2 months ago
FTSE 100 recovers ground after market jitters
2 months, 1 week ago
FTSE slides in run-up to Budget as BP shares tumble
2 months, 1 week ago
FTSE 100 regains most of its losses after early falls
2 months, 2 weeks ago
FTSE 100 rises while UK Government hopes to win over global investors
2 months, 3 weeks ago
FTSE climbs after UK economy returns to growth
2 months, 4 weeks ago
UK stocks swing into the red as oil prices retreat
3 months ago
UK stocks falter and pound weakens despite OECD upgrading growth outlook
3 months, 2 weeks ago
FTSE 100 reverses gains as week of ‘profit-taking’ takes toll on European stocks
3 months, 2 weeks ago
FTSE 100 ends day slightly down after UK economic growth flatlines
3 months, 4 weeks ago
FTSE 100 nudges upwards after solid session for blue-chips
4 months, 1 week ago
FTSE 100 falls after blue-chips including BT, Shell and BP slide
4 months, 2 weeks ago
FTSE 100 makes strong gains as European markets bounce back
5 months ago
FTSE 100 plunges to its lowest since April amid global market turmoil
5 months ago
FTSE 100 falls after US jobs data sparks recession fears
5 months ago
FTSE 100 surges in value amid strong blue-chip showing
5 months, 1 week ago
London markets end week on a high as NatWest helps lift FTSE 100
5 months, 1 week ago
UK stock markets rise after economic growth beats forecasts
5 months, 4 weeks ago
FTSE 100 dips amid weakness from blue-chip industrial stocks
6 months, 2 weeks ago
London’s FTSE 100 makes gains as European markets rebound
6 months, 3 weeks ago
FTSE 100 falls as utility sector weighs on market
7 months, 2 weeks ago
FTSE 100 makes further gains but retreats from intraday high
7 months, 3 weeks ago
Global stock market rally continues as FTSE 100 races to another record high
8 months ago
London’s FTSE 100 holds onto gains after record-breaking week
8 months, 1 week ago
FTSE reaches another record level on strong earnings and Anglo American bid
8 months, 2 weeks ago
FTSE 100 closes at record high as firms given boost by tumbling value of pound against US dollar
8 months, 2 weeks ago
European shares slip despite gold rally helping boost miners
8 months, 4 weeks ago
FTSE 100 dips after strong week
9 months, 2 weeks ago
Unilever helps lift FTSE 100 into the green ahead of new UK inflation data
9 months, 2 weeks ago
FTSE drops as US court case dents Reckitt’s shares
9 months, 3 weeks ago
FTSE treads water as Germany’s top index hits fresh record
10 months, 1 week ago
Top UK shares boosted after inflation beats forecasts
10 months, 3 weeks ago
London’s FTSE 100 lags behind peers as pharmaceutical giants weigh
10 months, 3 weeks ago
FTSE drops as falling oil prices put pressure on energy stocks
11 months ago
FTSE slips into the red after Bank of England keeps interest rates on hold
11 months, 1 week ago
Gamblers lead FTSE in slight gain as it lags European peers
11 months, 3 weeks ago
FTSE 100 drops to month low as rate cut hopes ease
11 months, 3 weeks ago
FTSE 100 closes down as retailers and banks weigh
11 months, 3 weeks ago
FTSE climbs to three-month high after Christmas break
1 year ago
US inflation figures put spring back in the step of global markets
1 year, 1 month ago
FTSE continues uninspiring week with another small drop
1 year, 2 months ago
FTSE treads water but outperforms European rivals
1 year, 2 months ago

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