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Evening Standard
Evening Standard
Business
Daniel O'Boyle,Simon Hunt and Graeme Evans

FTSE 100 Live 7 June: Index closes week down as hot US jobs report dims rate cut hope

The FTSE 100 closed lower today as another blowout US jobs report dimmed hopes that the country’s Federal Reserve will follow the central banks of Europe and Canada in cutting interest rates soon.

Upheaval at Magners business C&C provided the corporate focus after its boss stood down amid the need for prior year accounting adjustments.

Elsewhere, new data from Halifax shows house prices were steady in May.

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