U.K. lenders continued to track their European counterparts lower, as shares in HSBC Holdings dipped 0.01% and Barclays fell 0.27%, while Lloyds Banking and the Royal Bank of Scotland lost 1.20% and 2.10% respectively. Ryanair also remained sharply lower, down 13.07%, after the discount airline company said it may fall short of its full-year earnings targets after a summer heat wave weighed on bookings. On the upside, Vodafone was one of the top performers, jumping 1.58%, following the announcement earlier in the week that Verizon agreed to buy the company’s 45% stake in Verizon Wireless for USD130 billion. In the U.S., equity markets pointed to a steady to lower open. The Dow Jones Industrial Average futures pointed to a 0.08% loss, S&P 500 futures signaled a 0.03% dip, while the Nasdaq 100 futures indicated a 0.02% gain. Later in the day, the U.S. was to publish a report on the trade balance.
Posted on: Wed, 04 Sep 2013 12:09:12 +0000
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