Previous close | 17,201.27 |
Open | 17,144.12 |
Volume |
Day's range | 17,109.57 - 17,438.83 |
52-week range | 14,794.16 - 20,361.03 |
Avg. volume | 2,666,844,303 |
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped.
The FTSE 100 outperformed against its European and US peers on Thursday, hitting a new high for the third session in a row.
Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990. Tepid U.S. GDP data pushed Wall Street lower at its open, and Meta's slump also soured the mood. U.S. Treasury yields rose after the data showed signs of persistent inflation, lowering hopes that the Federal Reserve will cut interest rates anytime soon.