Shares in the
Jitters in the supermarket sector returned today after brokers at
Other fallers in
In corporate updates, shares in luxury goods group Burberry edged up 3p to 1518p after it reported an 8 per cent rise in annual profits to pound(s)461 million.
The figures met forecasts but Burberry's warning that sterling's strength may dent profits this year had an impact on its share price performance.
Profits still rose 23 per cent to pound(s)111.9 million, helping shares lift 2p to 134.2p.
Traders said the fact that the
"We're in a bit of a no-man's land at the moment. We've lost a little bit of froth but we're not getting a lot of momentum either way," said
The biggest risers on the
The biggest fallers on the
U.S. stocks rose, rebounding from the previous day's broad sell- off, after minutes of the Federal Reserve's last meeting showed central bankers have discussed the eventual tightening of monetary policy but made no decisions on which tools to use.
The Dow Jones industrial average rose 1 per cent, its biggest daily percentage jump since mid-April.
Minutes of the Fed meeting showed the Fed staff presented several approaches to raising short-term interest rates, but said the discussion was simply "prudent planning" and not a sign rate hikes would come any time soon.
The Dow Jones industrial average rose 158.75 points or 0.97 per cent, to 16,533.06, the S&P 500 gained 15.2 points or 0.81 per cent, to 1888.03 and the Nasdaq Composite added 34.65 points or 0.85 per cent, to 4131.54.
Retail stocks were again in the spotlight.
Despite a better-than-expected first-quarter earnings season,
It forecast S&P 500 profit growth of 8 per cent for 2014 and 2015, below analyst consensus for both years.
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