London stocks slip from near two-week highs as COVID-19 fears weigh

  • 📰 Reuters
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

UK shares slipped on Tuesday after marking a strong start to the week as a surge in U.S. coronavirus cases weighed on sentiment, while Halfords tumbled after reporting a drop in quarterly sales despite remaining open during a nationwide lockdown.

FILE PHOTO: Construction work near the River Thames on the Greenwich Peninsula is seen next to the O2 and Canary Wharf financial district in London, Britain February 12, 2018. Picture taken through glass from the Emirates Air Line cable car. REUTERS/Russell Boyce

“Investors are getting back to the reality of rising coronavirus cases, which is causing some caution and fear to be back following yesterday’s rally,” said David Madden, analyst at CMC Markets in London. Data on Tuesday showed British house prices fell for a fourth month in a row in June, the longest run of monthly declines since 2010.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines