{"id":46029,"date":"2024-04-16T09:14:11","date_gmt":"2024-04-16T09:14:11","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/04\/16\/ftse-100-falls-on-weak-employment-data\/"},"modified":"2024-04-16T09:14:11","modified_gmt":"2024-04-16T09:14:11","slug":"ftse-100-falls-on-weak-employment-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/04\/16\/ftse-100-falls-on-weak-employment-data\/","title":{"rendered":"FTSE 100 Falls On Weak Employment Data"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks traded lower on Tuesday after data showed the unemployment rate rose in three months to February.<\/p>\n<p>The ILO jobless rate rose to 4.2 percent from 3.9 percent in three months to January, the Office for National Statistics said. <\/p>\n<p>The rate was seen at 4.0 percent. In March, payrolled employment declined by 18,000 on month.<\/p>\n<p>Signs of escalating tensions in the Middle East and uncertainty over the Fed&#8217;s rate trajectory also weighed on <span class=\"landLinks\">markets<\/span>. <\/p>\n<p>The benchmark FTSE 100 was down 106 points, or 1.3 percent, at 7,859 after falling 0.4 percent on Monday. <\/p>\n<p>Superdry shares plummeted 29 percent after the struggling retailer said it would delist from the London Stock Exchange as part of a far-reaching restructuring plan.<\/p>\n<p>Similarly, Dr Martens plunged 30 percent after the shoemaker flagged a challenging 2025 outlook and announced the departure of chief executive Kenny Wilson.<\/p>\n<p>Global payments <span class=\"landLinks\">technology<\/span> company Wise slumped 7.6 percent after revenue in its fourth quarter came in below analyst estimates. <\/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 Weak Employment Data<\/a><br \/>\n<br \/>2024-04-16 09:14:11<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks traded lower on Tuesday after data showed the unemployment rate rose in three months to February. The ILO jobless rate rose to 4.2 percent from 3.9 percent in&#8230;<\/p>\n","protected":false},"author":2,"featured_media":46030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-46029","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46029","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=46029"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/46029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/46030"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=46029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=46029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=46029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}