Traders work on the floor of the New York Stock Exchange. Wall Street tocks slumped on Thursday as most mega-caps fell after Meta’s quarterly results, while sentiment was shaken amid signs of persistent inflation that dampened hopes of the Federal Reserve easing monetary policy anytime soon. Photograph: Timothy A. Clary/AFP
Otherwise there were few big movers. Bank of Ireland was the main climber, advancing 0.8 per cent to €10.36. Packaging group Smurfit Kappa dropped 0.5 per cent to €39.83, while building materials group Kingspan edged down 0.2 per cent to €82.50.Technology developed in Cork allows wedding photos to be shared digitally with the happy couple
The blue-chip FTSE 100 ended the session up 0.5 per cent, after hitting a fresh all-time high of 8,105.59 points earlier in the day. The pharma and biotech index was the top sectoral performer, rising 3.9 per cent, led by a 5.9 per cent jump in AstraZeneca shares after the drugmaker reported quarterly revenue and profit above market estimates.
The mid-cap FTSE 250 fell 0.6 per cent, with WH Smith sliding 6 per cent after the British high street and travel hub retailer flagged lower growth at start of the second half.The pan-European Stoxx 600 index closed 0.7 per cent lower, after shedding as much as 1.3 per cent intraday, in line with a global stocks rout.
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Source: IrishTimes - 🏆 3. / 98 Read more »