{"id":10415,"date":"2021-06-03T09:29:01","date_gmt":"2021-06-03T09:29:01","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/06\/03\/ftse-100-drifts-lower-ahead-of-us-data\/"},"modified":"2021-06-03T09:29:01","modified_gmt":"2021-06-03T09:29:01","slug":"ftse-100-drifts-lower-ahead-of-us-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/06\/03\/ftse-100-drifts-lower-ahead-of-us-data\/","title":{"rendered":"FTSE 100 Drifts Lower Ahead Of US Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks fell notably on Thursday, with ex-dividend trades and B&amp;M European Value Retail&#8217;s downbeat earnings outlook weighing on <span class=\"landLinks\">markets<\/span>. <\/p>\n<p>The British pound held steady on the back of upbeat services sector data showing the strongest rise in <span class=\"landLinks\">business<\/span> activity in 24 years last month. <\/p>\n<p>The benchmark FTSE 100 dropped 50 points, or 0.7 percent, to 7,057, snapping a three-day winning streak.<\/p>\n<p>Discount retailer B&amp;M European Value Retail lost nearly 3 percent. The company reported better-than-expected annual profits but warned of many uncertainties as the COVID-19 pandemic subsides. <\/p>\n<p>Telecoms company BT Group fell 2.7 percent after a downgrade to &#8216;sell&#8217; from &#8216;hold&#8217; at Deutsche Bank.<\/p>\n<p>Energy firm National Grid tumbled almost 5 percent and home improvement retailer Kingfisher gave up 3 percent on going ex-dividend. <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Drifts Lower Ahead Of US Data<\/a><br \/>\n<br \/>2021-06-03 09:29:01<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks fell notably on Thursday, with ex-dividend trades and B&amp;M European Value Retail&#8217;s downbeat earnings outlook weighing on markets. The British pound held steady on the back of upbeat&#8230;<\/p>\n","protected":false},"author":2,"featured_media":10416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-10415","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=10415"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/10415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/10416"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=10415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=10415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=10415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}