What happened yesterday?
London stocks were down yesterday, with the FTSE 100 falling 0.28% to 7,000.08, and the FTSE 250 losing 0.14% to close at 22,490.86. Sterling had a more positive day, last advancing 1.06% against the dollar to $1.3979 and gaining 0.58% on the euro to €1.1618.
Wall Street’s three major indexes also closed in the red, with the Dow Jones Industrial Average losing 0.44% to close at 34,050.27, the S&P 500 falling 0.6% to 4,160.56, and the Nasdaq Composite slipping 1.06%, to 13,903.66.
In company news:
Chicago-based carrier United Airlines reported a $2.4bn loss for the first quarter of the year due to a major drop in passenger numbers and rising fuel costs.