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FTSE falls on sober Fed outlook, Johnson Matthey dives on dividend disappointment

London’s FTSE opened lower on Thursday as the UK government prepared to lift the two metre distancing rule in a bid to boost the economy. The blue chip benchmark’s jittery start followed the US Federal Reserve’s June FOMC meeting yesterday, where chairman Jerome Powell announced the FOMC expects there to be no rate increases until 2022 and forecast that the US economy will contract by ...

FTSE drops as coronavirus eclipses Sars, Intu and NMC Health jump on confirming reports

The FTSE 100 fell into the red on Monday morning as the coronavirus death toll eclipsed Sars, with investors concerned about the impact the virus will have on manufacturing in China and the surrounding region. The UK’s benchmark index opened 0.22% lower to 7,462.05, taking its lead from Asian stock markets which also dropped in morning trade. Japan’s Nikkei 225 fell 0.6%, the Hang Seng ...
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