PRU

Prudential Financial, Inc.

87.18
USD
-0.18%
87.18
USD
-0.18%
86.18 124.22
52 weeks
52 weeks

Mkt Cap 33.65B

Shares Out 386.00M

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UK stocks slip on mixed earnings, focus on U.S. inflation data

For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.2%, FTSE 250 off 0.3% Aug 10 (Reuters) - The main UK stock indexes fell on Wednesday as investors digested mixed earnings reports, while caution reigned in global markets ahead of U.S. inflation data that could keep the Federal Reserve on course for more interest rate hikes. The blue-chip FTSE 100 .FTSE slipped 0.2%, moving further away from a two-month peak hit earlier this week, while the midcap FTSE 250 index .FTMC was down 0.3%. Deliveroo ROO.L slipped 1.3% after the food delivery company said it was consulting on leaving the Netherlands market after failing to gain a strong local position, as its first-half pre-tax loss widened. Royal Mail RMG.L fell 3.4% after it warned of a full-year loss in the UK if the Communications Workers Union (CWU) went ahead with its plans of a four-day strike. Asia-focused insurer Prudential Plc PRU.L slipped 1.5%, as it warned of challenging conditions for the rest of the year as COVID-19 curbs persist in some markets. Insurer Aviva AV.L, however, rose 4.9% after saying it planned to give more money back to shareholders as it posted a better-than-expected 14% rise in first-half operating profit. (Reporting by Sruthi Shankar in Bengaluru; Editing by Rashmi Aich) ((sruthi.shankar@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 6182 2787;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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