FTSE 100 falls as Nvidia weighs on sentiment; Barratt Developments and M&G decline - Market Report

Proactive - Interviews for investors

London's FTSE 100 faced another fall on Wednesday morning as few of the index’s constituents opened the day in positive territory. This followed a near 10% drop in Nvidia shares on Tuesday on news the company was being probed over potential antitrust violations, which prompted a wider tech sell-off. Back in London, Barratt Developments was among reporters, with the housebuilder falling after slashing its dividend on the back of lower earnings for the year. Fund manager M&G also moved lower early on following its report of a net outflow and drop in profit over the first half of the year. Insurer Direct Line offered a more positive update, reporting interim dividend payments would resume after it returned to profit during the first half. And finally, warehouse property developer Segro announced it had agreed an all-share takeover offer of Tritax Eurobox. #ProactiveInvestors #marketreport #ftse #ftse100 #footsie #nvidia #m&g #directline #barratdevelopments #segro #tritaxeurobox #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews