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Market Outlook: Markets fall, gold ETFs hit record highs, Lloyds, Shell & more

The chief executives of the big US tech companies went before Congress yesterday
Market Outlook: Markets fall, gold ETFs hit record highs, Lloyds, Shell & more

European markets slipped this morning as fears mounted on the continent over tightening coronavirus restrictions, while Volkswagen posted a €1.4bn first-half loss for 2020, pushing its shares down by 4 per cent. Germany’s Dax index fell 1.4 per cent, while the FTSE 100 edged down 0.7 per cent.

Company results are coming in thick and fast in London, with heavyweights reporting across financial services, commodities and defence. Lloyds, Shell and BAE Systems are among the LSE giants publishing earnings today.

UK company announcements

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