FTSE 100 slips as stocks trade ex-dividend; US growth concerns linger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 05 2024
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Source: Reuters
FTSE 100 Performance: The UK's FTSE 100 index fell by 0.2%, marking its fifth consecutive session of losses, driven by concerns over the U.S. economy and several stocks trading ex-dividend.
Sector Movements and Economic Outlook: Industrial metal miners and chemicals were the hardest hit sectors, while automobiles performed well; market participants are closely watching upcoming U.S. employment data and central bank policy decisions from the ECB and BoE.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
