FTSE 100 Falls as Health-Care, Media Slumps Offset Miner GainsTrista Kelley
U.K. stocks retreated, paring a weekly gain, as a drop in ITV Plc, Shire Plc and AstraZeneca Plc outweighed a rebound in commodity shares.
The FTSE 100 Index lost 0.4 percent to 6,718.49 at the close in London, trimming its weekly gain to 0.3 percent.
ITV Plc, the broadcaster of hit show Downton Abbey, fell 3.4 percent, retreating for a fifth day. AstraZeneca and Shire tracked European health shares lower after peers on the Standard & Poor’s 500 Index fell yesterday. Hikma Pharmaceuticals Plc fell 2.9 percent.
Anglo American Plc, Glencore Plc and BHP Billiton Plc added at least 1.3 percent each.
A report today showed U.S. employers added 215,000 jobs in July and the unemployment rate held at a seven-year low of 5.3 percent, signs of further progress in the U.S. labor market that’s keeping the Federal Reserve on the path toward raising interest rates as soon as next month.
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