FTSE slides ahead of Q3 earnings reports

clock

London's leading index lost ground in morning trading as investors braced for a round of woeful reports from the third quarter earnings season.

Investors will be looking closely at the US for indicators of corporate health when the Q3 reporting season kicks off tomorrow, but expectations are bleak and are impacting shares today. The FTSE was 0.65% lower at 5,832 points by 10.20am, while Europe’s main equity markets were also weaker - the French Cac 40 was 1.1% down at 3,417 and the German Dax dropped 1.2% to 7,307. In the UK one of the main fallers was defence giant BAE systems which suffered another setback in its planned merger with EADS after its largest shareholder, Invesco Perpetual, voiced 'significant reservations' abo...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Early Powell departure could be an 'unexpected gift' for EMs

Early Powell departure could be an 'unexpected gift' for EMs

Trump claims he will replace chair sooner

Eve Maddock-Jones
clock 01 July 2025 • 3 min read
BoE's Andrew Bailey: Pick-up in inflation makes outlook uncertain

BoE's Andrew Bailey: Pick-up in inflation makes outlook uncertain

UK inflation at 3.4%

clock 27 June 2025 • 2 min read
Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

Jerome Powell warns of long term inflation if Trump settles on higher tariffs indefinitely

Policies' economic impacts ‘uncertain’

Eve Maddock-Jones
clock 25 June 2025 • 3 min read
Trustpilot