{"id":7420,"date":"2021-02-11T09:47:02","date_gmt":"2021-02-11T09:47:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/11\/ftse-100-holds-steady-on-earnings\/"},"modified":"2021-02-11T09:47:02","modified_gmt":"2021-02-11T09:47:02","slug":"ftse-100-holds-steady-on-earnings","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/11\/ftse-100-holds-steady-on-earnings\/","title":{"rendered":"FTSE 100 Holds Steady On Earnings"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were slightly higher on Thursday as investors reacted to upbeat earnings results and clung to hopes of a stimulus-backed economic rebound. <\/p>\n<p>In a speech before the Economic Club of New York, U.S. Federal Reserve Chair Jerome Powell said that achieving and sustaining maximum employment will require more than supportive monetary policy.<\/p>\n<p>The benchmark FTSE 100 edged up 0.1 percent to 6,533 after closing 0.1 percent lower the previous day. <\/p>\n<p>Drug maker AstraZeneca gained 1.9 percent after it reported a 10 percent rise in product sales for 2020. <\/p>\n<p>Postal service company Royal Mail jumped 5.2 percent. The company reported a strong rise in parcel revenues over Christmas period and said it expects full-year group adjusted profit to be &#8220;well in excess&#8221; of \u00a3500m.<\/p>\n<p>BP Plc lost 1 percent and Royal Dutch Shell fell 1.7 percent as oil prices took a breather after enjoying the longest winning streak in two years. <\/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 Holds Steady On Earnings<\/a><br \/>\n<br \/>2021-02-11 09:47:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were slightly higher on Thursday as investors reacted to upbeat earnings results and clung to hopes of a stimulus-backed economic rebound. In a speech before the Economic Club&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7421,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-7420","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7420","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=7420"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7421"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}