FTSE closes down as US opens to further woe

clock

In London, shares failed to recover much ground after a sharp fall in early trading, and the FTSE 100 closed down 68.6 points, or 1.05%, to 6,459.3.

Vodafone shares made the biggest gains, up 4.7 points, or 2.69%, to 179.7p, followed by Home Retail, which gained 6.75 points, or 1.81%, to 380p. Morrison climbed 4.75 points, or 1.62%, to 297.25p, Carnival shares added 36 points, or 1.61%, to £22.68, Pearson jumped 11 points, or 1.44%, to 776p. British Energy Group shares fell 47 points, or 8.12%, to 532p, Tullow Oil lost 36 points, or 5.79%, to 585.5p, while Kazakhyms dropped 79 points, or 5.15%, to £14.55. On Wall Street, shares experienced another sharp decline in early trading, with the Dow Jones down 89.34, or 0.66%, to 13,432.68...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Inflation falls faster than predicted ahead of BoE interest rate vote

Inflation falls faster than predicted ahead of BoE interest rate vote

3.2% in November

Michael Nelson
clock 17 December 2025 • 2 min read
FCA's Rathi addresses Autumn Budget market abuse concerns

FCA's Rathi addresses Autumn Budget market abuse concerns

Pens open letter to Treasury Committee

Isabel Baxter
clock 04 December 2025 • 2 min read
More tax, less shelter: A slow-burn Budget for savers and investors

More tax, less shelter: A slow-burn Budget for savers and investors

'The Budget documents make for sobering reading for those trying to build up their wealth'

Laith Khalaf
clock 04 December 2025 • 3 min read