The benchmark FTSE 100 is currently down 4.10 points to 4,098.40 after UK stocks opened Wednesday mo...
The benchmark FTSE 100 is currently down 4.10 points to 4,098.40 after UK stocks opened Wednesday morning on a pessimistic note, paced by shares of Marks & Spencer Group and HMV Group.
Marks & Spencer Group the U.K.'s largest clothing retailer, dropped 13p to 322p after the clothing retailer said it predicts the British retail market to be restrained in the next twelve months.
HMV, the owner of Waterstone's book stores, also dropped 8p to 153p.
Meanwhile, HSBC Holdings climbed 7p to 768.5p after an analyst at Credit Suisse First Boston raised his recommendation for the stock to "outperform" from "neutral".
ARM Holdings gained 2.25p to 84.65p.
Cable & Wireless shed 3.75p to 120p after an analyst at Morgan Stanley cut his recommendation for the stock to "underweight".
In Asia, Tokyo's Nikkei 225 index dropped 15.03 points to 9,735.97 earlier today. Meanwhile, Hong Kong's Hang Seng rose 87.50 points to 10,223.05.
Across the Atlantic, trading ended down yesterday as the Dow Jones Industrial Average index lost 48.18 points to 9,128.97 by the close.
The S&P 500 index shed 3.44 points to exactly 1,000, and Nasdaq's Composite index fell 1.61 points to 1,753.21.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till