Stock Market News (US Open) – FTSE declines steeply on sterling strength; Apple weighs on US benchmarks
Posted on September 14, 2017 at 2:15 pm GMTThe pan-European Stoxx 600, which gives a wider view of European equities, was trading up on the margin as European traders were getting near the market’s close. The FTSE 100 was a notable decliner, being dragged down by the stronger British currency. Sterling surged today after Bank of England policymakers, upon completion of their meeting on monetary policy, signaled that a rate hike might be delivered for the first time in more than ten years “in the coming months”. Indicatively, [..]