• FTSE 100 down 0.3% to 6,530
• Gold down 0.35% to $1,387.03/oz
• £/$ – 1.5696
The FTSE 100 slipped back yesterday, closing down 0.3% at 6,530.
Energy stocks were among the worst performers. BG Group was the day’s biggest faller with a 5.1% drop. Elsewhere in the sector, Royal Dutch Shell lost 1.3% and Tullow Oil was 1% lower.
In Europe, the Paris CAC 40 fell nine points to 4,040, and the German Xetra Dax was one point higher at 8,276.
In the US, the Dow Jones Industrial Average rose 0.9% 15,063, the S&P 500 added 1% to 1,671, and the Nasdaq Composite gained 1.3% to 3,706.
Overnight in Asia, Japan’s Nikkei 225 and the broader Topix index each rose 1.5% to 14,423 and 1,190 respectively. In China, the Shanghai Composite added 1.2% to 2,237, and the CSI 300 was 1.4% higher at 2,474.
In the forex markets this morning, sterling was trading against the US dollar at 1.5694 and against the euro at 1.1847. The dollar was trading at 0.7548 against the euro and 100.14 against the Japanese yen.
And today, Jaguar Land Rover says it is to invest £1.5bn and create 1,700 jobs in Solihull, while creating “up to 24,000” jobs in the companies that supply it. The company is to create a new range of mass-market vehicles.