FTSE 100 Closes Down 0.4% as Markets Await U.S. Inflation Data - News Summed Up

FTSE 100 Closes Down 0.4% as Markets Await U.S. Inflation Data


The FTSE 100 closed down 0.4% as investors await U.S. inflation figures for December, with consumer-price data set to be published on Thursday followed by producer prices on Friday. ---Greggs Sees in Line FY 2023 Performance, Sales Up 20%Greggs expects its performance for fiscal 2023 to be in line with its expectations as it reported that annual sales increased by a fifth compared to the previous year. ---Hostelworld Revenue Surges on Strong DemandHostelworld said its revenue jumped 32% in 2023 on robust demand in key markets. ---Amarin Shares Jump 15% With 4Q Revenue Expected to Beat EstimatesShares of Amarin rose Wednesday after expected fourth-quarter revenue topped analysts' estimates. Numis rates the stock buy and reduces its target price to 140 pence from 170 pence.


Source: Wall Street Journal January 10, 2024 18:10 UTC



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