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0 0 0 0.000259470679813314 0.00207576543850559 0.000262065386611347 0 -0.00622729631551621
Stock impact report

London Markets: London markets fall, as crude oil prices reach fresh lows [MarketWatch]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: MarketWatch
London markets fall, as crude oil prices reach fresh lows London stocks fell Tuesday, as crude oil prices dropped to a fresh low and investors wait nervously for the start of the two Federal Open Market Committee meeting in the US. The U.K. government’s opposition’s attempt to call another leadership vote to challenge the Prime Minister Theresa May was brushed off by the pound. Oil and energy led the decliners. The U.K.’s FTSE 100 UKX, -0.45% declined 0.5% to 6,741.89, after finishing down 1% on Monday. The pound GBPUSD, +0.5627% rose to $1.2694 from $1.2617 late Monday in New York. Crude prices dropped to fresh lows on Tuesday, in a third-straight session of losses as investors continued to fret over signs of rising U.S. supply. A strong sterling was also keeping U.K. stocks pinned down, as the index’s multinational companies generate most of their sales in other currencies. Sterling shrugged off the Labour Party’s attempt to call a vote of no confidence in U.K. Prime Minister Show less Read more
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