{"id":7779,"date":"2021-03-04T09:38:33","date_gmt":"2021-03-04T09:38:33","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/03\/04\/ftse-100-slides-on-inflation-concerns\/"},"modified":"2021-03-04T09:38:33","modified_gmt":"2021-03-04T09:38:33","slug":"ftse-100-slides-on-inflation-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/03\/04\/ftse-100-slides-on-inflation-concerns\/","title":{"rendered":"FTSE 100 Slides On Inflation Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> U.K. stocks were moving lower on Thursday, with miners and travel-related stocks coming under selling pressure amid concerns that a rapid rise in yields could dampen economic recovery. <\/p>\n<p>The benchmark FTSE 100 fell 58 points, or 0.9 percent, to 6,617 after gaining 0.9 percent on Wednesday.<\/p>\n<p>The British pound traded mixed ahead of Markit\/CIPS construction PMI data due out later in the day. The index is seen at 51.0 in February versus 49.2 in January.<\/p>\n<p>Miners Anglo American, Antofagasta and Glencore lost 3-4 percent. <\/p>\n<p>Rio Tinto fell 2.8 percent and BHP slumped 5.5 percent after their Australia-listed stocks went ex-dividend. <\/p>\n<p>Travel-related stocks declined, with TUI falling 1.6 percent and Intercontinental Hotels Group losing 2.6 percent. <\/p>\n<p>Insurer Aviva jumped 3 percent after exiting its Italian businesses in a pair of deals totaling 873 million euros.<\/p>\n<p>Software company Sage Group rose 3 percent on share buyback news. <\/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 Slides On Inflation Concerns<\/a><br \/>\n<br \/>2021-03-04 09:38:33<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.K. stocks were moving lower on Thursday, with miners and travel-related stocks coming under selling pressure amid concerns that a rapid rise in yields could dampen economic recovery. The benchmark&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-7779","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\/7779","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=7779"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7780"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}