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FTSE 100 seen flat ahead of retail sales

Published 21/04/2023, 07:00
© Reuters FTSE 100 seen flat ahead of retail sales
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Proactive Investors - FTSE 100 is expected to open flat ahead of retail sales figures which will give a further indicator as to the confidence levels of UK consumers.

Spread betting companies are calling London’s lead index down by around 2 points.

On Wall Street, stocks ended lower as disappointing earnings from AT&T (NYSE:T) and heavy falls in Tesla (NASDAQ:TSLA) weighed on equities.

The Dow Jones Industrial Average closed down 110.39 points, or 0.3%, at 33,786.55. The S&P 500 declined 24.73 points, or 0.6%, at 4,129.79, while the Nasdaq Composite slipped 97.67 points, or 0.8%, to 12,059.56.

In Asia, markets fell. The Nikkei 225 index was down 0.3%, the Shanghai Composite was down 1.4%, while the Hang Seng index in Hong Kong was down 1.2%.

Back in London, the early focus will be retail sales figures while a slew of PMI prints is due later today in the UK, EU, and US.

Read more on Proactive Investors UK

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