• FTSE 100 down two points to 6,796
• Gold down 1.38% to $1,289.82/oz
• £/$ – 1.6952
The FTSE 100 was virtually unchanged yesterday, falling just two points to close at 6,796.
Financial information provider Experian was the day’s worst performer, falling 6.5% after warning that growth would disappoint in the first half of the year. Topping the index was G4S, which rose 4.1% after reporting a 4.8% rise in revenue.
In Europe yesterday, the Paris CAC 40 rose 18 points to 4,446, and the German Xetra Dax added 54 points to 9,521.
In the US yesterday, the Dow Jones Industrial Average rose 0.7% to 16,518, the S&P 500 gained 0.6% to 1,878, and the Nasdaq Composite slipped 0.3% to 4,067.
Overnight in Japan, the Nikkei 225 rose 0.9% to 14,163 and the broader Topix added 0.7% to 1,160. And in China, the Shanghai Composite gained 0.3% to 2,015, and the CSI 300 was 0.1% lower at 2,135.
In the forex markets this morning, sterling was trading against the US dollar at 1.6961 and against the euro at 1.2179. The dollar was trading at 0.7180 against the euro and 101.82 against the Japanese yen.
And today, Morrisons reports a big fall in sales as competition from Aldi and Lidl continues to bite. Like-for-like sales excluding fuel fell by 7.1% in the 13 weeks to 4 May, and by 8.2% including fuel. Total sales fell by 4.2%.