UK stocks kick off week lower, Entain drops to 3-year low

Sept 25 - UK stocks fell on Monday, in a grim start to the last week of the quarter, while Ladbrokes owner Entain tumbled to a three-year low after warning of a decline in online gaming sales.

Entain dropped 13.1% after saying it expects online net gaming revenue for the third quarter and full year to decline amid ongoing regulatory issues in Britain and slower growth in Australia and Italy.With a week left until the third quarter ends, both the FTSE indexes are headed for gains as investors take comfort from signs of cooling inflation that prompted the Bank of England to steer clear of an interest rate hike last week.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK stocks kick off week lower, Entain drops to over 2-1/2-year lowMarket News
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Stocks struggle to shake off Fed rate worries: Stock market news todayWall Street stocks struggled to advance on Monday, as the Federal Reserve's 'higher for longer' interest rate strategy continued to pile on pressure as a US government shutdown loomed.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks slump, struggle to shake off Fed rate worries: Stock market news todayWall Street stocks struggled to advance on Monday, as the Federal Reserve's 'higher for longer' interest rate strategy continued to pile on pressure as a US government shutdown loomed.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks look to shake off Fed rate worries: Stock market news todayWall Street stocks struggled to advance on Monday, as the Federal Reserve's 'higher for longer' interest rate strategy continued to pile on pressure as a US government shutdown loomed.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »