The Trader 

Market Outlook: FTSE and sterling wobble despite GDP bump, ITV, Rolls Royce, B&M & more

Market Outlook: FTSE and sterling wobble despite GDP bump, ITV, Rolls Royce, B&M & more

Some payback and a bit of mean reversion: European equity markets slipped in early trade on Thursday as investors trimmed bets on the reopening trade. The FTSE 100 declined around 1 per cent at one stage but 6,300 held, whilst the DAX was holding onto 13,000. In the earlier session, the Nasdaq and S&P 500 rose and the Dow and Russell 2000 slipped a touch as investors switched back to some tech stocks – a pause in the rotation trade if you like with value handing back something to growth/momentum.  

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