FTSE slips as Govt pushes back reopening designs – live updates

FTSE slips as Government pushes back reopening plans – live updates

3) Pet foodstuff product sales boom at Nestle in coronavirus lockdown: The business was boosted by a 12.5personal computer bounce in gross sales at its Purina Petcare arm, with premium brands brands Purina Pro Program and Purina A person both of those specially well-liked.

4) Regular Chartered doubles down on dedication to Hong Kong: The London-mentioned bank, together with rival HSBC, has been condemned in the latest months following it broke years of political neutrality by backing the law that criminalises anti-federal government protests in the previous British colony.

5) Shell just can’t do the contango endlessly: A stellar general performance by the oil giant’s investing division assists salvage the equilibrium sheet regardless of writedowns of virtually $17bn

What happened overnight 

Asian shares looked established for a muted begin to the closing investing day of the thirty day period, although earnings from engineering giants boosted US equity futures. In the US, treasuries rose and the greenback slipped.

Futures dipped in Japan and Australia, and were being flat in Hong Kong. Apple, Amazon, Alphabet and Facebook jumped in immediately after-hours investing as final results beat Wall Road estimates, lifting futures on the S&P 500 and Nasdaq 100.

Futures on the S&P 500 rose .3pc as of 11:15 am in Tokyo, though Nasdaq 100 futures attained .9pc. The S&P 500 before lowered .4pc. Japan’s Topix index slipped 1.8computer system. Hong Kong’s Hang Seng fell .3laptop. Shanghai Composite fluctuated. Australia’s S&P/ASX 200 Index declined 1.9pc. Euro Stoxx 50 futures rose .2pc.

Previously in the day, American equities shut decreased as knowledge confirmed the US economy had its sharpest contraction on record, when the quantity of Us citizens filing for unemployment benefits rose. President Donald Trump lifted the notion of delaying the November 3 election until finally following the coronavirus pandemic eases.

READ  Stock futures open little change, pausing after rally sends S&P 500 to record

Coming up nowadays

Interim results: British American Tobacco, BT, Glencore, London Stock Exchange Group, NatWest

Buying and selling assertion: Paragon, Animals at Property

Economics: GDP (euro)

Sarah Gracie

About the author: Sarah Gracie

Sarahis a reporter covering Amazon. She previously covered tech and transportation, and she broke stories on Uber's finances, self-driving car program, and cultural crisis. Before that, she covered cybersecurity in finance. Sarah's work has appeared in The Wall Street Journal, Bloomberg, Politico, and the Houston Chronicle.

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