Lower metals and oil prices drag on global markets

Natalie Kenway
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Declines in metals and other commodity prices have caused global indices to report losses for Tuesday and Wednesday morning.

In early trading both the FTSE 100 and European markets fell as investors took profits following recent highs in the markets. The FTSE 100 was seen losing 50 points upon opening as waning demand for equities took its toll. Since then it has been hovering between losses of 0.80% and 0.90%, trading around 6029 points. Retailers Next (+3.69%) and Marks & Spencer (+1.85%) were leading the gains, however, with the former reporting strong Q1 sales. At the bottom of the table, lower metals prices dragged on Atofagasta, which fell 5.33%.   European shares fell to a one-week low in early...

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