{"id":14712,"date":"2021-10-06T09:51:43","date_gmt":"2021-10-06T09:51:43","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/06\/ftse-100-falls-on-growth-worries\/"},"modified":"2021-10-06T09:51:43","modified_gmt":"2021-10-06T09:51:43","slug":"ftse-100-falls-on-growth-worries","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/06\/ftse-100-falls-on-growth-worries\/","title":{"rendered":"FTSE 100 Falls On Growth Worries"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks fell sharply on Wednesday as financials and travel-linked shares lost ground on worries about inflation and a potential slowdown in growth. <\/p>\n<p>The benchmark FTSE 100 was down 115 points, or 1.6 percent, at 6,961 after rising 0.9 percent the previous day. <\/p>\n<p>Financials were moving lower, with Lloyds Banking Group declining 1.6 percent and Prudential down 0.8 percent. <\/p>\n<p>Airline EasyJet lost 4.5 percent and British Airways owner IAG declined 3.4 percent. <\/p>\n<p>Sainsbury was down half a percent, giving up early gains on reports that private equity firm Fortress is reportedly interested in the supermarket chain.<\/p>\n<p>BP Plc and Royal Dutch Shell both fell over 2 percent as oil erased an earlier gain to trade flat on global growth concerns. <\/p>\n<p>Tour operator TUI AG was down about half a percent. The company said that it would launch a fully underwritten capital increase with subscription rights to raise gross proceeds of about 1.1 billion euros.<\/p>\n<p>Imperial Brands tumbled 3.4 percent. While issuing pre-close trading update, the tobacco company stated that it remains on track to deliver its full-year results in line with expectations. <\/p>\n<p>Tesco soared 4.4 percent after the supermarket chain raised its full-year outlook and launched a 500-million-pound share buyback program. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Falls On Growth Worries<\/a><br \/>\n<br \/>2021-10-06 09:51:43<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks fell sharply on Wednesday as financials and travel-linked shares lost ground on worries about inflation and a potential slowdown in growth. The benchmark FTSE 100 was down 115&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14713,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-14712","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14712","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=14712"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14712\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14713"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14712"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14712"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}