News

FTSE 100 stumbles after three-day advance

Traders continue to ponder the Autumn Budget presented yesterday by UK Chancellor Philip Hammond

FTSE 100 stumbles after three-day advance

British blue-chip stocks slumped Thursday following a three-day move higher, led lower in morning action by a plunge for British Gas parent Centrica after its disappointing financial update, MarketWatch reports.

Traders continued to ponder the Autumn Budget presented Wednesday by Chancellor of the Exchequer Philip Hammond, which included downgrades to the government’s forecasts for UK economic growth.

WSJ Logo
JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions