FTSE 100 ends flat at end of volatile trading week, as global markets rally Business News

London’s FTSE 100 ended the trading session flat on Friday after recovering from the day’s lows as stocks fell despite positive retail sales data.

The blue chip index closed at 7,018, down just one point. Meanwhile, the domestically-focused mid-cap FTSE 250 index also fell 0.2%.

On Friday, the US market closed the mix with positive data that boosted stocks early on, but another crypto drop pushed tech stocks down.

The S&P 500 erased all of its gains during the day and closed less than 0.1% at 4,155 after rising 0.7% earlier. The Dow Jones Industrial Average climbed 123 points, or 0.4 percent, to 34,207, as Boeing shares rose. The Nasdaq composite fell 0.5% to 13,471.

Asia-Pacific stocks also traded in a mix on Monday with Japan’s Nikkei gaining nearly half a percent by noon, after starting in red. Hang Seng on the other shot lost more than a hundred points. In a volatile session, Shanghai Composite recovered from early session lows and traded five points less.

Indian indices opened higher on Monday, with financials rising. BSE Sensex traded 200 more points in the early hours, above 50,000, while the NSE Nifty 50 broke the 15,200 mark.

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This notice was published: 2021-05-24 04:47:55