Index closes up for day, down for week; S&P below 5000

Date:

The FTSE 100 is trading lower today amid renewed fears over the situation in the Middle East.

Man Group and the William Hill owner 888 Holdings have posted updates, while the latest retail sales figures have also been released.

FTSE 100 Live Friday

  • Blue-chips lower on Middle East fears

  • Barclays lifts mortgage rates

  • Retail sales below expectations

S&P below 5000 for first time since February

16:41 , Daniel O’Boyle

In the US, the S&P 500 is at 4,992.92, down 0.4% for the day.

The Wall Street index appears to be on for its longest losing streak since October.

It’s down 3% this week, and 5.2% since its record high just before Easter.

FTSE 100 closes up for day, down for week

16:37 , Daniel O’Boyle

The FTSE 100 closed the day up 0.2% at 7,895.85, despite an early fall.

However, that still leaves it down 1.3% for the week, after the biggest drop in nine months on Tuesday.

Mondi was by far the top riser and DS Smith the top faller, after the former…

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