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Stock impact report

Oil slide and growth worries weigh FTSE 100 while mid-caps bounce [Reuters (UK)]

Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B) 
US:NYSE Investor Relations: shell.com/investors.html
Company Research Source: Reuters
Oil slide and growth worries weigh FTSE 100 while mid-caps bounce | Reuters 5 Min Read (Reuters) - Britain’s mid-cap index recovered early losses thanks to a small bounceback from retail stocks after an ASOS-led selloff, while the blue-chip index fell as perpetuating concerns over slowing global growth and an oversupply of oil spooked investors. The FTSE 100 .FTSE was down 0.4 percent while an uptick in retail stocks following sharp falls on Monday helped the mid-cap index .FTMC erase initial losses and edge 0.4 percent higher. Retailers caught their breath after a selloff in the aftermath of Monday’s profit warning from ASOS that sent shivers through the global retail industry. The FTSE 100 tracked losses on Wall Street, where the S&P; 500 .SPX slipped to its lowest in more than a year on persisting concerns of a slowing global economy. “This is a very downbeat market sentiment which has deteriorated very severely,” said Candriam strategist Stefan Keller. “Geopolitical uncertainty is Show less Read more
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