Footsie ends lower led by Glencore
The FTSE 100, which had been outperforming its European counterparts for much of the day, dropped further in the afternoon to end 1.8% lower at 6,408.
Company
NYSE:LOW
Lowe's Companies Inc is a home improvement retailer. The company operates home improvement and hardware stores. It offers a range of products in departments, including appliances, bathroom, building supplies, cleaning and pet supplies, doors and windows, electrical, flooring and rugs, hardware, heating and cooling, home decor and furniture, kitchen, lawn and garden, lighting and ceiling fans, molding and millwork, outdoor living and patio, paint, plumbing, smart home, security, wireless fidelity (Wi-Fi), sports and fitness, storage and organization, tools, accessible home, animal and pet care, automotive and holiday decorations.
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The FTSE 100, which had been outperforming its European counterparts for much of the day, dropped further in the afternoon to end 1.8% lower at 6,408.
US retail sales picked up in July after a weak second quarter. Jefferies reckons dollar stores and home improvement retailers are the stocks to back in the sector.
U.S. stock-index futures were little changed ahead of closely watched Federal Reserve minutes that could give clues to the timing of a first interest-rate hike. Futures for the Dow Jones Industrial Average rose 22 points to 18,305, indicati