Amidst the pressure on energy shares from weakening oil prices, the FTSE 100 benchmark of the London Stock Exchange has slipped more than half a percent on Thursday. Anxiety about the outcome of the elections also weighed on sentiment. The decline resulted in the benchmark underperforming other European markets that logged lesser overnight losses.
The FTSE 100 which had closed at 10,438.66 on Wednesday traded between 10,360.72 and 10,463.65 on Thursday.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.