UK's FTSE 100 ends session lower with most Europe markets closed; Fed rate decision looms
Publishing timestamp: 2024-05-01 11:37:44
Summary
London's FTSE 100 index closed lower as most European markets were closed for holiday. Investors await U.S. Federal Reserve's interest rate decision. Mulberry reported revenue decline, while Next maintained profit guidance. GSK raised profit forecast. Aston Martin shares fell after disappointing results. Oil prices dropped amid ceasefire hopes in Middle East. U.K. house prices fell for second month. Biotech stocks expected to perform well with delayed rate cut expectations.
Sentiment: MIXED
Tickers: AML-GB, MUL-GB, @SP.1, .STOXX, GSK-GB, .FTSE, @LCO.1, .DJI, .IXIC, NXT.L, @CL.1, %20GSK-GB,
Keywords: breaking news: europe, stoxx 600, london, gsk plc, prices, united states, ftse 100, aston martin lagonda global holdings plc, business news, jerome powell,