{"id":151415,"date":"2020-09-16T22:24:28","date_gmt":"2020-09-16T22:24:28","guid":{"rendered":"https:\/\/www.bnreport.com\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/"},"modified":"2020-09-16T22:24:28","modified_gmt":"2020-09-16T22:24:28","slug":"ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/","title":{"rendered":"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble"},"content":{"rendered":"<ul>\n<li>FTSE 100 closes at 6,078<\/li>\n<li>UK CPI down to 0.2% last month<\/li>\n<li>Wall Street trends higher but Apple leads tech wobble<\/li>\n<\/ul>\n<h3>5pm: FTSE gives up ground, US stocks cautiously optimistic awaiting Fed news<\/h3>\n<p>The FTSE 100 dipped slightly on Tuesday but held above the 6,000 mark, shedding 0.4%, or 27 points, to 6,078.5. The value of the pound rose swiftly against a weaker dollar, MarketWatch reported, which hampers the FTSE index.<\/p>\n<p>The FTSE 250 was nearly flat, losing 20 points, roughly 0.1%, to 17,795.3.<\/p>\n<p>Among the laggards was <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:RR.\/Rolls-Royce-Holdings-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Rolls-Royce Holdings PLC<\/a> (LSE:RR.L), which slowed 5.4% to \u00a3192.35.<\/p>\n<p>In the US, stocks turned positive in anticipation of the latest decision from the Federal Reserve.<\/p>\n<p>The Dow Jones Industrial Average rose 0.8% to 28,204.5 in midday trading and the S&amp;P 500 climbed 0.4% to 3,416. The tech-laded Nasdaq, meanwhile, was stuck in the mud, dropping less than 0.1% to 11,189.4.<\/p>\n<p>Leading the way has been The Goldman Sachs Group Inc (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NYSE:GS\/Goldman-Sachs\/\" rel=\"noreferrer noopener\" target=\"_blank\">NYSE:GS<\/a>), which jumped 2.2% to $202.48 and <a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:WBA\/Walgreens-Boots-Alliance-Inc\/\" rel=\"noreferrer noopener\" target=\"_blank\">Walgreens Boots Alliance Inc<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:WBA\/Walgreens-Boots-Alliance-Inc\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:WBA<\/a>), which got a 4.5% boost to $36.85.<\/p>\n<h3>4pm: Pound presses on FTSE, tech stocks slide in US<\/h3>\n<p>The FTSE continues to slide while over the Atlantic, the Nasdaq Composite has moved into the red as the earlier tech twitch turns into a wider sell-off.<\/p>\n<p>Apple sparked the slide, dragging Microsoft and Amazon off their initial rises, with Alphabet, Facebook, Nvidia, <a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:NFLX\/Netflix\/\" rel=\"noreferrer noopener\" target=\"_blank\">Netflix<\/a> and Paypal all in the red, with Adobe giving up gains on the back of a strong earnings report, and with Tesla wavering.<\/p>\n<p>Meanwhile, Londons Footsie has lost 40 point or 0.7% to 6,065.32.<\/p>\n<p>A surging pound has acted as a weight around the blue chips neck, up 0.8% to US$1.2994, seemingly thanks to some Brexit speculation.<\/p>\n<p>Market analyst Connor Campbell at <a href=\"https:\/\/www.proactiveinvestors.co.uk\/PRIVATE-UK:SPRED\/Spreadex\/\" rel=\"noreferrer noopener\" target=\"_blank\">Spreadex<\/a> noted media reports about a \u201ctentative, modest\u201d concession from the UK regarding the fisheries dispute with the EU.<\/p>\n<p>With negotiator David Frost travelling to Brussels for an earlier than expected tete-a-tete with Michel Barnier, Campbell said, \u201cthis has raised hopes that a Brexit deal isnt off the table, despite public tensions following the announcement of the UK Internal Market Bill.<\/p>\n<p>\u201cNow, there have been plenty of negative headlines to go alongside that rumour. But, willing to cling onto any sign that a no deal exit can be avoided, the pound surged.\u201d<\/p>\n<h3>10.35am\/3.35pm: Proactive North America headlines:<\/h3>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:SOLO\/ElectraMeccanica\/\" rel=\"noreferrer noopener\" target=\"_blank\">ElectraMeccanica<\/a> Vehicles Corp (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:SOLO\/ElectraMeccanica\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:SOLO<\/a>) planning to produce an alternative &#039;utility and fleet&#039; version of its flagship SOLO EV<\/p>\n<p>Globex Mining Enterprises Inc (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/TSE:GMX\/Globex-Mining-Enterprises-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">TSX:GMX<\/a>) (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/TSE:GMX\/Globex-Mining-Enterprises-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">OTCMKTS:GLBXF<\/a>) acquires 15 claims in New Brunswick covering the Grassville South manganese zone<\/p>\n<p>NexTech AR Solutions Corp (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:NTAR\/Nextech-AR-Solutions-Corp.\/\" rel=\"noreferrer noopener\" target=\"_blank\">OTCQB:NEXCF<\/a>) (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:NTAR\/Nextech-AR-Solutions-Corp.\/\" rel=\"noreferrer noopener\" target=\"_blank\">CSE:NTAR<\/a>) virtual events platform picked by Denmark water pump producer for virtual summits<\/p>\n<p>China Xiangtai Food Company (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:PLIN\/China-Xiangtai-Food-Co-Ltd\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:PLIN<\/a>) achieves $7.2 million in sales of 18,000 tons of soybean meal<\/p>\n<p>AIM ImmunoTech (NYSEAMERICAN:AIM) says enrollment for Ampligen study of cancer patients with coronavirus underway<\/p>\n<p>Algernon Pharmaceuticals (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:AGN\/Algernon-Pharmaceuticals-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">CSE:AGN<\/a>) (OTCQB:AGNPF)  gets green light to continue its Phase 2b\/3 coronavirus study from Data and Safety Monitoring Board<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:VS\/Versus-Systems-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">Versus Systems Inc.<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:VS\/Versus-Systems-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">CSE:VS<\/a>) (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:VS\/Versus-Systems-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">OTCQB:VRSSF<\/a>) (FRA:BMVA) announces first Asia-Pacific launch of its patented in-game rewards platform, OMEN Rewards<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/CVE:ACST\/Acasti-Pharma-Inc\/\" rel=\"noreferrer noopener\" target=\"_blank\">Acasti Pharma Inc<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CVE:ACST\/Acasti-Pharma-Inc\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:ACST<\/a>) (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CVE:ACST\/Acasti-Pharma-Inc\/\" rel=\"noreferrer noopener\" target=\"_blank\">CVE:ACST<\/a>) names Brian D. Ford as new finance chief as it explores &quot;strategic options and opportunities&quot;<\/p>\n<p>Loop Insights Inc (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CVE:MTRX\/Loop-Insights-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">CVE:MTRX<\/a>) (OCTMKTS:VRZPF) inks deal with University of Houston Athletics for its contactless platform for tracing and cashless commerce<\/p>\n<p>ImagineAR Inc (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/CNSX:IP\/ImagineAR-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">CSE:IP<\/a>) (OTCMKTS:IPNFF) teams up with NHL affiliate Allen Americans to provide virtual game experience to hockey fans<\/p>\n<h3>3.20pm: Wall Street falters without tech boost<\/h3>\n<p>Wall Street&#039;s main stock indices may have started higher, but with no help coming from the US tech titans, they have faltered slightly, while Londons FTSE 100 continues to head lower.<\/p>\n<p>The Dow Jones has risen 85 points or 0.3% to 28,100, while the broader S&amp;P 500 has also added 0.3% and the Nasdaq Composite is up just 0.1%.<\/p>\n<p>This is because terra-cap trio Apple (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:AAPL\/Apple-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:AAPL<\/a>), Microsoft (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:MSFT\/Microsoft-Corporation\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:MSFT<\/a>) and Amazon (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/NASDAQ:AMZN\/Amazon.com,-Inc.\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:AMZN<\/a>) are all in the red in early trade.<\/p>\n<p>Apple unveiled new products at its big event overnight, but, said market analyst Neil Wilson at Markets.com \u201cinvestors were underwhelmed by products like the new iPad Air and new watches\u201d.<\/p>\n<p>\u201cAll investors really care about is the 5G iPhone launch, when it comes.\u201d<\/p>\n<p>Back in London, the Footsie is down 35 points or 0.6% at 6,070. The more UK-focused FTSE 250 index is just below flat, down five points at 17,809.83.<\/p>\n<h3>2.45pm: Wall Street starts higher<\/h3>\n<p>US benchmarks opened higher but without huge fanfare on Wednesday as the market awaits the Federal Reserve policy update.<\/p>\n<p>Shortly after the New York bell, the Dow Jones Industrial Average added around 48 points at 28,044. The S&amp;P 500 gained nearly nine at 3,410, while the tech heavy Nasdaq exchange continued its journey north, up 30 points at 11,220.<\/p>\n<p>Traders are weighing up what the US central bank can deliver in coming months, excited by the potential for more stimulus measures and no interest rate hikes for the foreseeable.<\/p>\n<p>Reportedly, the Fed is to signal that its interest rate policy will remain unchanged and near zero for another three years.<\/p>\n<h3>1.50pm: Blue chips slip on sterling <\/h3>\n<p>The Footsie is now giving up more of yesterdays hard-fought gains as the pound drives higher.<\/p>\n<p>Londons blue chip benchmark has lost 28 points or 0.5% to 6,077.5, while sterling has steadily climbed against the dollar, up 0.6% to 1.2972 and rising similarly versus the euro.<\/p>\n<p>\u201cLast week&#039;s sharp losses for the pound came to the benefit of the FTSE 100, yet we are now seeing a gradual GBPUSD strengthening to the detriment of market sentiment,\u201d said market analyst Joshua Mahony at IG.<\/p>\n<p>&quot;With sentiment around Brexit talks soured after the emergence of the internal market bill, the ongoing debate in parliament will be crucial in determining whether Johnson gets his way. While the government remains adamant that they want a deal with the EU, the current manoeuvring does raise fears of a further breakdown in negotiations with less than four-months left.\u201d<\/p>\n<p>The dollar index is down 0.2% ahead of the Federal Open Market Committee announcement later.<\/p>\n<p>BDSwiss analyst Marshall Gittler said he expects the results of the FOMC meeting to be negative for the dollar, if anything.<\/p>\n<p>\u201cI think the dot plot rate forecasts are likely to show that Committee members expect policy to remain unchanged in 2023, which should in theory be negative for USD.\u201d<\/p>\n<p>US stocks are headed for smaller initial gains after data showed consumer spending appeared to slow in August.<\/p>\n<p>Core retail sales fell by 0.1% last month after a downwardly revised 0.9% increase in July, the Commerce Department said. Economists had forecast core retail sales rising 0.5% in August, from 1.4% in July.<\/p>\n<p>Overall retail sales increased by 0.6% in August, however, in part thanks to higher gas prices.<\/p>\n<p>A $600 weekly unemployment subsidy expired in July, which economists estimated led to a $70bn cut to income in August. Government money was credited for the sharp turnaround in economic activity that started in May<\/p>\n<p>US consumer spending suffered a record collapse in the second quarter. The pullback in core retail sales in August, if sustained, would set consumer spending for a slower growth path in the fourth quarter.<\/p>\n<h3>12:15pm: London slips back, New York prepares for Fed <\/h3>\n<p>The FTSE 100 is back in the red but is not alone among European indices in having a modest morning ahead of the US Federal Reserve decision later, which could bring more volatile trading.<\/p>\n<p>However their more exuberant relatives across the Atlantic are more confident, as is routine these days, according to pre-market trading.<\/p>\n<p>The Dow Jones, S&amp;P 500 and Nasdaq Composite are set to rise 0.5%, 0.6% and 0.7% respectively.<\/p>\n<p>After Fed head Jerome Powell revealed in a speech last month that the US central bank will be targeting average inflation of 2%, it is expected that he may add flesh to the monetary policy bones later.<\/p>\n<p>As the inflation target effectively will allow for inflation overshoot after a period of falling short, as it has already, market analyst Craig Erlam at Oanda said this had just given investors the go-ahead to expect an even more prolonged period of zero interest rates and perhaps even more stimulus.<\/p>\n<p>\u201cWhile we&#039;re not anticipating more easing today, there is an expectation that the Fed will provide further colour on the changes announced last month,\u201d Erlam said.<\/p>\n<p>While not many market follower are naive enough to expect answers to all their policy questions today, he said the Fed \u201cwill need to display a dovish shift from the last meeting, reflecting the commitment to the new framework.<\/p>\n<p>\u201cAnd more detail may be demanded regarding what the change means in reality. I wonder whether the Fed is positioned to disappoint.\u201d<\/p>\n<p>Gold prices, which have been holding below US$2,000 for the last month, are creeping higher and are worth watching on the back of the Fed policy announcement, as well as the dollar, of course.<\/p>\n<p>\u201cThe dollar has been under pressure since March and has recent shown signs of pushing for a correction,\u201d Erlam said.<\/p>\n<p>\u201cWith both of these trades showing signs of fatigue, a failure by the Fed to meet or surpass expectations could get quite a reaction.\u201d<\/p>\n<p>Back in the UK, the blue chip benchmark has taken a step down, slipping 12 points or 0.2% to 6,094, with a mix of banks and financials joining the air travel-focused trio at the bottom of pile.<\/p>\n<p>Along with airline owner IAG and components makers Rolls-Royce and Melrose Industries (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:MRO\/Melrose-Industries-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:MRO<\/a>), the big fallers also include <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:HSBA\/HSBC\/\" rel=\"noreferrer noopener\" target=\"_blank\">HSBC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:HSBA\/HSBC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:HSBA<\/a>), Barclays (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BARC\/Barclays-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:BARC<\/a>) and BT (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BT.A\/BT-Group-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:BT.A<\/a>).<\/p>\n<h3>10.35am: FTSE onto front foot<\/h3>\n<p>London investors have been buoyed by data indicating the global economy is bouncing back faster than expected from the coronavirus pandemic.<\/p>\n<p>In its new set of forecasts for the worlds main economies, the Organisation for Economic Cooperation and Development (OECD) said the global economy is set to shrink 4.5% in 2020, which is not as bad as the 6% collapse it had forecast in June.<\/p>\n<p>\u201cProspects for economic growth will depend on various factors, including the likelihood of new virus outbreaks, the impact on consumer and business confidence, and the extent to which government aid for jobs and businesses can boost demand,\u201d OECD economists said.<\/p>\n<p>If governments and the public keep a lid on the pandemic using targeted local measures, the global gross domestic product (GDP) will return to growth in 2021 to the tune of 5%, though this is down slightly from the last  set of estimates.<\/p>\n<p>But if there are major second and third waves of COVID-19 or countries have to go back into national lockdowns, it would be likely to reduce growth to around 2-3%.<\/p>\n<p><strong><a href=\"https:\/\/www.oecd.org\/economic-outlook\/september-2020\/\" rel=\"noreferrer noopener\" target=\"_blank\">The OECD&#039;s predictions for individual countries<\/a> <\/strong>now have China as the only major country growing its economy in 2020, up 1.8%, reversing a June forecast for a 2.6% contraction.<\/p>\n<p>The US is estimated to shrink 3.8%, reduced from the earlier 7.3% decline, while the UK is seen contracting 10.1% this year and then growing 7.6% in 2021, compared to a 7.9% decline fo the eurozone and 5.1% growth next year.<\/p>\n<p>The FTSE is now in positive territory, gaining 13 points or 0.2% to 6,119.<\/p>\n<h3>9.40am: Builders subside<\/h3>\n<p>London stocks have remained quiet and withdrawn as morning trading has gone on, with housebuilders providing a drag but oil some support.<\/p>\n<p>The Footsies quartet of builders were under pressure from read-across from smaller Redrow as it came in short of full-year expectations.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:TW.\/Taylor-Wimpey\/\" rel=\"noreferrer noopener\" target=\"_blank\">Taylor Wimpey<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:TW.\/Taylor-Wimpey\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:TW.<\/a>), <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BDEV\/Barratt-Developments\/\" rel=\"noreferrer noopener\" target=\"_blank\">Barratt Developments<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BDEV\/Barratt-Developments\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:BDEV<\/a>), <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BKG\/Berkeley-Group\/\" rel=\"noreferrer noopener\" target=\"_blank\">Berkeley Group<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BKG\/Berkeley-Group\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:BKG<\/a>) and <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:PSN\/Persimmon\/\" rel=\"noreferrer noopener\" target=\"_blank\">Persimmon<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:PSN\/Persimmon\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:PSN<\/a>) were all in the red.<\/p>\n<p>\u201cLife may become a bit tricky for Redrow and its peers when the stamp duty holiday ends and eligibility for the Help to Buy scheme is narrowed next year,\u201d said analyst at AJ Bell.<\/p>\n<p>Elsewhere, <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BRENT\/Brent-Crude-Oil\/\" rel=\"noreferrer noopener\" target=\"_blank\">Brent Crude Oil<\/a> futures regained the US$40 per barrel level as hurricane outages helped provide some support to prices, in fact now up more than 2% at US$41.57.<\/p>\n<p>But while Shell (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:RDSB\/Royal-Dutch-Shell-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:RDSB<\/a>) was slightly higher, BP (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:BP.\/BP-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:BP.<\/a>) investors were unmoved, with shares in both trading not much higher than their long-time lows in March.<\/p>\n<p>The FTSE 100 is virtually flat, down less than two points at 6,104.17. The pound is yo-yoing just below US$1.29.<\/p>\n<h3>8.50am: Smaller loss than predicted<\/h3>\n<p>The FTSE 100 made a quiet start to proceedings on Wednesday ahead of the US Federal Reserves monthly meeting and against the backdrop of some benign domestic inflation data.<\/p>\n<p>The index of UK blue-chips shares opened just 3 points lower at 6,102.51.<\/p>\n<p>The latter first: the eat out to help out scheme pulled down the cost price index reading down from 1% in July to 0.2% last month, its lowest level since 2015.<\/p>\n<p>\u201cRising coronavirus cases, the reintroduction of restrictions, negative wage growth and the prospect of half a million redundancies as the furlough scheme winds down this autumn will all play a part in keeping consumer spending subdued,\u201d said Fidelitys Tom Stevenson.<\/p>\n<p>\u201cOther pressing issues, like a possible collapse in the Brexit talks and consequent pressure on sterling, will overshadow any inflation worries for now,\u201d he added.<\/p>\n<p>Looking ahead to the Feds rate decision, due after the London close, it is likely to be steady as she goes, according to market watchers.<\/p>\n<p>Richard Hunter, head of markets at Interactive Investor, said US rate-setters stood ready to \u201cinitiate further action if the economic data demands it\u201d.<\/p>\n<p>\u201cAt the same time, any forward guidance will reveal the current thinking as to how to navigate the current challenges, such as any tweaks to its position on interest rates,\u201d he added.<\/p>\n<p>On the market, Londons biggest IPO of the year got off to a solid start, with the Hut Group (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:THG\/THG-Holdings\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:THG<\/a>) racing to a 6.4% premium. (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/929208\/thg-holdings-races-to-premium-on-first-day-of-trading-929208.html\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>Read more on THG here<\/strong><\/a>)<\/p>\n<p>There were more wobbles for Rolls Royce (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:RR.\/Rolls-Royce-Holdings-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:RR.<\/a>), off 3%, as the picture for international travel deteriorated. Remember, Rolls makes and maintains engines for many of the major airlines.<\/p>\n<p>Among them is British Airways, owned by IAG (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:IAG\/International-Consolidated-Airlines-Group\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:IAG<\/a>), which was down 2.6% early on.<\/p>\n<p>But there was a bounce-back for B&amp;Q owner Kingfisher (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:KGF\/Kingfisher-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:KGF<\/a>), up 3.2% after spending most of Tuesday in the sick bay.<\/p>\n<h3>Proactive news headlines:<\/h3>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:TILS\/Tiziana-Life-Sciences-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Tiziana Life Sciences PLC<\/a> (LON:TILS, <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:TILS\/Tiziana-Life-Sciences-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">NASDAQ:TLSA<\/a>) expects its demerged StemPrintER business will be floated on the London Stock Exchanges standard list late in the fourth quarter, followed potentially by a dual Nasdaq quote next year. The new, independent diagnostics business will be known as Accustem Sciences, and the spin-off will allow Tiziana to focus on its clinical portfolio. Tiziana is using dividend in specie to affect the split. This where a dividend is paid not in cash, but in assets of the company.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:SRES\/Sunrise-Resources-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Sunrise Resources PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:SRES\/Sunrise-Resources-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:SRES<\/a>) said it has received an Air Quality Operating Permit for its CS Pozzolan-Perlite project in Nevada, the final permit required for a mine and mineral processing plant. No adverse comments or objections were received during the public comment period which ended on September 11, 2020. CS had already received a mining permit from the Federal Bureau of Land Management and a reclamation permit from the Nevada authorities.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:STX\/Shield-Therapeutics-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Shield Therapeutics PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:STX\/Shield-Therapeutics-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:STX<\/a>), the iron deficiency treatment specialist swung strongly into profit in its first half following a US$11.4mln upfront payment from ASK Pharm, its partner in China. Revenues for the half-year to June 30, 2020, jumped to \u00a38.9mln (2019: \u00a3430,000) with net sales in Europe of Feraccru, its flagship product, rising by 50%. Shield posted a profit for the six month period of \u00a33.1mln against a loss of \u00a34.2mln over the same period a year ago, while there was a cash inflow of \u00a32mln that has boosted the total balance to \u00a36.5mln.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:KRM\/KRM22-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">KRM22 PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:KRM\/KRM22-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:KRM<\/a>) has entered into a new \u00a33mln convertible loan facility provided by its largest shareholder Kestrel Partners, and at the same time has confirmed stronger revenues in the first half of 2020. The interim results statement from the investment software firm included total revenue of \u00a32.3mln, up from \u00a31.8mln in the same period last year, with organic revenue growth at 19%. Adjusted underlying earnings (EBITDA) in the first half was marked as a \u00a30.3mln loss, while the loss before tax narrowed significantly to \u00a31.2mln from \u00a34.4mln in 2019.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:IHC\/Inspiration-Healthcare\/\" rel=\"noreferrer noopener\" target=\"_blank\">Inspiration Healthcare<\/a> Group PLC (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:IHC\/Inspiration-Healthcare\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:IHC<\/a>) has provided a final update on the status of ventilator deliveries to the UK National Health Service (NHS), saying in total it has delivered a total of approximately \u00a37mln of ventilators directly in response to the coronavirus (COVID-19) pandemic. The global medical technology company said that in the past few weeks, further deliveries have been made with a value of \u00a32mln taking the total value of all orders delivered by <a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:IHC\/Inspiration-Healthcare\/\" rel=\"noreferrer noopener\" target=\"_blank\">Inspiration Healthcare<\/a> to approximately \u00a35mln. In addition, the company said that S.L.E. Ltd, a wholly-owned subsidiary acquired in July 2020, recently completed orders of ventilators for COVID-19 for the NHS worth a total value of \u00a32.1mln.<\/p>\n<p>IQ-AI PLC (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:IQAI\/IQ-AI-Limited\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:IQAI<\/a>) said its subsidiary Imaging Biometrics has announced that the Keck Medical Center of USC (University of Southern California) has purchased its IB Clinic software used for automatically generating IB&#039;s quantitative parameter maps. The installation provides Keck Medical Center with a processing solution that allows for standardised brain tumour imaging across multiple sites and platforms for its patients. \u201cWe are excited that Keck Medical Center has adopted our brain tumour imaging platform,\u201d Michael Schmainda, Imaging Biometrics&#039; chief executive said in a statement. \u201cIB Clinic&#039;s quantitative output is ideal for major cancer centers such as Keck Medical Center as it automates and standardises care across sites, scanners, and patients. We are equally excited for the collaborative research relationships now established between our two organisations and translating future developments that may result,\u201d he added.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:FUM\/Futura-Medical-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Futura Medical PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:FUM\/Futura-Medical-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:FUM<\/a>) has said it is \u201cactively engaged\u201d in commercial discussions about its erectile dysfunction (ED) gel ahead of a key meeting with US regulators. The company said it has hired corporate advisers to organise the interaction with potential licensing and marketing partners for MED3000. It believes there is scope for the new treatment to become an over the counter (OTC) product, tapping into a large unmet need. The progress report was provided as part of Futuras interim results statement in which it was revealed the company had, as at June 30, 2020, cash reserves of \u00a32.62mln. This is enough to see Futura through to the second quarter of 2021 under current plans.<\/p>\n<p>Baker Steel Resources Trust Limited (LON:BRST) saw its net asset value (NAV) rise by 4.5% to 77.2p in the half-year to June 30, 2020. Over the period, Baker Steel sold most of its holdings in Polymetal and Ivanhoe, its two largest listed holdings, and reinvested the money in a portfolio of mining shares and some unlisted businesses. That decision helped the first-half performance, said the trust. Significant events are also possible for its largest holding, Bilboes Gold over the second half,  the specialist mining investor added.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:FIPP\/Frontier-IP-Group-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Frontier IP Group PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:FIPP\/Frontier-IP-Group-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:FIPP<\/a>) announced that its portfolio company Nandi Proteins has raised \u00a3720,000 via a convertible loan, including a \u00a3360,000 investment from the UK Government&#039;s Future Fund. The commercialising intellectual property specialist said the investment from the Future Fund, established to support innovative businesses through the coronavirus (COVID-19) outbreak, has been matched by \u00a3320,000 from the group and \u00a340,000 invested by Shackleton Finance, which specialises in secondary venture and development capital investments. Frontier IP holds a 20.1% stake in Nandi.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:ECK\/Eckoh-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">Eckoh PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:ECK\/Eckoh-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:ECK<\/a>) has said that given the continued resilience of its business combined with its high levels of repeat and recurring revenues, and with a further three months of trading behind it, its board has approved the payment of a special dividend of 0.61p per ordinary share. The company said its board will continue to keep its dividend policy under close review whilst the current macro-economic and coronavirus (COVID-19) uncertainty remains. Eckoh added that its financial position remains strong with net cash of \u00a312.2mln as at the end of August 2020, and its management remain confident of further progress in the second half of the year.<\/p>\n<p>accesso Technology Group PLC (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:ACSO\/Accesso-Technology-Group-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:ACSO<\/a>), the ticketing and virtual queuing group said trading recently has been better than expected as more venues have reopened following the coronavirus (COVID-19) lockdown. Revenue in the half-year to end June 2020 was US$24.6mln (US$50.7mln) as the company faced enforced venue closures from March onwards, though the outcome was ahead of its earlier expectations, the AIM-listed company said. Going forward, accesso noted that nearly 80% of passport and 60% of LoQueue customer venues had reopened, while it has won several new contracts in the ski sector ahead of the winter season.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:TOM\/TomCo-Energy-plc\/\" rel=\"noreferrer noopener\" target=\"_blank\">TomCo Energy plc<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:TOM\/TomCo-Energy-plc\/\" rel=\"noreferrer noopener\" target=\"_blank\">LON:TOM<\/a>) told investors it has received a Pre-FEED for the proposed Greenfield Energy LLC oil sands plant in Utah. The report, authored by Valkor subsidiary Crosstrails Engineering, set out to confirm the technical feasibility of a 10,000 barrel of oil per day operation and make first estimates of capital and operating costs. According to TomCo, the report provides a high level of confidence in the project.<\/p>\n<p><a href=\"https:\/\/www.proactiveinvestors.co.uk\/LON:NQMI\/NQ-Minerals-PLC\/\" rel=\"noreferrer noopener\" target=\"_blank\">NQ Minerals PLC<\/a> (<a href=\"https:\/\/www.proactiveinvestors.co.uk\/companies\/news\/929174\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble-929174.html\" rel=\"noreferrer noopener\" target=\"_blank\">Read More \u2013 Source<\/a><br \/>\n[contf]<br \/>\n[contfnew]<br \/>\n        <img decoding=\"async\" src=\"https:\/\/webfiles.thecse.com\/PRO_LOGO_P_COLOUR.png?sYToe11NLbcXiyGkVa5syF9WB04cy98G\"\/><\/p>\n<h5><a href=\"https:\/\/www.proactiveinvestors.co.uk\/\" rel=\"noreferrer noopener\" target=\"_blank\">Proactiveinvestors<\/a><\/h5>\n<p>[contfnewc]<br \/>\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTSE 100 closes at 6,078<br \/>\nUK CPI down to 0.2% last month<br \/>\nWall Street trends higher but Apple leads te..<\/p>\n","protected":false},"author":1,"featured_media":151416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-151415","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble - Business News Report<\/title>\n<meta name=\"description\" content=\"FTSE 100 closes at 6,078 UK CPI down to 0.2% last month Wall Street trends higher but Apple leads te..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble - Business News Report\" \/>\n<meta property=\"og:description\" content=\"FTSE 100 closes at 6,078 UK CPI down to 0.2% last month Wall Street trends higher but Apple leads te..\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/\" \/>\n<meta property=\"og:site_name\" content=\"Business News Report\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-16T22:24:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/09\/1200z630_1600273814_shutterstock_234410953.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"infopal11\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@BNReport\" \/>\n<meta name=\"twitter:site\" content=\"@BNReport\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"infopal11\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"17 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/\"},\"author\":{\"name\":\"infopal11\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\"},\"headline\":\"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble\",\"datePublished\":\"2020-09-16T22:24:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/\"},\"wordCount\":3459,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/1200z630_1600273814_shutterstock_234410953.jpg\",\"articleSection\":[\"Politics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/\",\"name\":\"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble - Business News Report\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/1200z630_1600273814_shutterstock_234410953.jpg\",\"datePublished\":\"2020-09-16T22:24:28+00:00\",\"description\":\"FTSE 100 closes at 6,078 UK CPI down to 0.2% last month Wall Street trends higher but Apple leads te..\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/1200z630_1600273814_shutterstock_234410953.jpg\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/09\\\/1200z630_1600273814_shutterstock_234410953.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629\",\"item\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"name\":\"Business News Report\",\"description\":\"Latest News on the World of Politics &amp; Business\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#organization\",\"name\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"contentUrl\":\"https:\\\/\\\/www.bnreport.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/LOGO2.png\",\"width\":200,\"height\":50,\"caption\":\"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Business-NewsReport-328225811095934\\\/\",\"https:\\\/\\\/x.com\\\/BNReport\",\"https:\\\/\\\/www.instagram.com\\\/business.newsreport\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/#\\\/schema\\\/person\\\/19d1c5a2dd7f60584a09de4a7805d68f\",\"name\":\"infopal11\",\"url\":\"https:\\\/\\\/www.bnreport.com\\\/en\\\/author\\\/infopal11\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble - Business News Report","description":"FTSE 100 closes at 6,078 UK CPI down to 0.2% last month Wall Street trends higher but Apple leads te..","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/","og_locale":"en_US","og_type":"article","og_title":"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble - Business News Report","og_description":"FTSE 100 closes at 6,078 UK CPI down to 0.2% last month Wall Street trends higher but Apple leads te..","og_url":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/","og_site_name":"Business News Report","article_publisher":"https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","article_published_time":"2020-09-16T22:24:28+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/09\/1200z630_1600273814_shutterstock_234410953.jpg","type":"image\/jpeg"}],"author":"infopal11","twitter_card":"summary_large_image","twitter_creator":"@BNReport","twitter_site":"@BNReport","twitter_misc":{"Written by":"infopal11","Est. reading time":"17 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#article","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/"},"author":{"name":"infopal11","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f"},"headline":"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble","datePublished":"2020-09-16T22:24:28+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/"},"wordCount":3459,"publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/09\/1200z630_1600273814_shutterstock_234410953.jpg","articleSection":["Politics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/","url":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/","name":"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble - Business News Report","isPartOf":{"@id":"https:\/\/www.bnreport.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#primaryimage"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#primaryimage"},"thumbnailUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/09\/1200z630_1600273814_shutterstock_234410953.jpg","datePublished":"2020-09-16T22:24:28+00:00","description":"FTSE 100 closes at 6,078 UK CPI down to 0.2% last month Wall Street trends higher but Apple leads te..","breadcrumb":{"@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#primaryimage","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/09\/1200z630_1600273814_shutterstock_234410953.jpg","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/09\/1200z630_1600273814_shutterstock_234410953.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/www.bnreport.com\/en\/ftse-100-ends-lower-on-pressure-from-pound-wall-street-fends-off-tech-wobble\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0627\u0644\u0631\u0626\u064a\u0633\u064a\u0629","item":"https:\/\/www.bnreport.com\/en\/"},{"@type":"ListItem","position":2,"name":"FTSE 100 ends lower on pressure from pound, Wall Street fends off tech wobble"}]},{"@type":"WebSite","@id":"https:\/\/www.bnreport.com\/en\/#website","url":"https:\/\/www.bnreport.com\/en\/","name":"Business News Report","description":"Latest News on the World of Politics &amp; Business","publisher":{"@id":"https:\/\/www.bnreport.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bnreport.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.bnreport.com\/en\/#organization","name":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a","url":"https:\/\/www.bnreport.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","contentUrl":"https:\/\/www.bnreport.com\/wp-content\/uploads\/2020\/12\/LOGO2.png","width":200,"height":50,"caption":"\u0628\u0632\u0646\u0633 \u0631\u064a\u0628\u0648\u0631\u062a \u0627\u0644\u0627\u062e\u0628\u0627\u0631\u064a"},"image":{"@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Business-NewsReport-328225811095934\/","https:\/\/x.com\/BNReport","https:\/\/www.instagram.com\/business.newsreport"]},{"@type":"Person","@id":"https:\/\/www.bnreport.com\/en\/#\/schema\/person\/19d1c5a2dd7f60584a09de4a7805d68f","name":"infopal11","url":"https:\/\/www.bnreport.com\/en\/author\/infopal11\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/151415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/comments?post=151415"}],"version-history":[{"count":0,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/posts\/151415\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media\/151416"}],"wp:attachment":[{"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/media?parent=151415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/categories?post=151415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bnreport.com\/en\/wp-json\/wp\/v2\/tags?post=151415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}