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Stock impact report

FTSE steadies after U.S. tariff decision; tobacco stocks weigh [Reuters (UK)]

Marsh & McLennan Companies, Inc. (MMC) 
Last marsh & mclennan companies, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: marsh.com
Company Research Source: Reuters
FTSE steadies after U.S. tariff decision; tobacco stocks weigh | Reuters 4 Min Read MILAN (Reuters) - The UK’s top share index steadied in morning trade on Tuesday, weighed down by losses among tobacco stocks, although investors took in their stride Washington’s decision to go ahead with 10 percent tariffs on another $200 billion of Chinese goods. The FTSE 100 .FTSE was down 0.1 at 0825 GMT, while mid-caps .FTMC rose 0.3 percent, tracking higher European markets. The latest U.S. duties spared smart watches and other consumer products, but U.S. President Donald Trump warned of duties on more products if China took retaliatory action. “Indeed, the actual range of goods hit with tariffs was less than feared ... Exemptions have turned this into something of a ‘sell the rumour, buy the fact’-type scenario for investors,” said Neil Wilson, analyst at Markets.com The FTSE remains down 5.1 percent so far this year, however, as a recovery in sterling on growing expectations of a Brexit deal ha Show less Read more
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