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FTSE 100 Dips In Cautious Trade; Next Shares Up Over 5%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

U.K. stocks fell on Thursday as political instability in Washington and Apple's profit warning, citing a weakening economy in China and lower-than-expected iPhone revenue, added to investor concerns over slowing global growth.

A strong trading update by retailer Next helped limit overall losses to some extent.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.