Global markets roundup, 8 July

• FTSE 100 down 0.6% to 6,823

• Gold down 0.05% to $1,319.94/oz

• £/$ – 1.7128

The FTSE 100 saw a steady slide yesterday, closing down 0.6% at 6,823.

Tullow Oil was the biggest faller of the day, shedding 3.1% Property stocks were also in the doldrums. Housebuilders Barratt and Persimmon fell 2.5% and 1.8% respectively, while Land Securities lost 2% and Hammerson was 1.8% lower.

In Europe, the Paris CAC 40 fell 63 points to 4,405, and the German Xetra Dax slipped 103 points to 9,906.

In the US, the Dow Jones Industrial Average lost 0.3% to 17,063, the S&P 500 fell 0.4% to 1,977, and the Nasdaq Composite was 0.8% lower at 4,451.

Overnight in Japan, the Nikkei 225 fell 0.4% to 15,314, and the broader Topix index slipped 0.3%  to 1,275. And in China, the Shanghai Composite rose 0.2% to 2,064, and the CSI 300 added 0.2% to 2,180.

Brent spot was trading at $109.99 early today, and in New York, crude oil was at $103.47. Spot gold was trading at $1,318 an ounce, silver was at $20.92 and platinum was at $1,488.

In the forex markets this morning, sterling was trading against the US dollar at 1.7139 and against the euro at 1.2609. The dollar was trading at 0.7357 against the euro and 101.79 against the Japanese yen.

And today, Marks & Spencer reported another fall in non-food sales. Like-for-like sales of general merchandise fell 1.5% in the 13 weeks to 28 June. But food sales continued to improve, with a 1.7% rise. Sales at its new website fell by 8.1.

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