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Stock impact report

European stocks drop as investors digest central bank warnings [Yahoo! Finance]

COMPASS GROUP SP/ADR (CMPGY) 
NASDAQ:AMEX Investor Relations: compass-group.com/en/investors.html
Company Research Source: Yahoo! Finance
Another muted day of trading for London's FTSE 100 saw the index dip 4.67 points, or 0.05%, to close at 8,701.99. But it was still a stronger performance than European peers on Thursday, with France's Cac 40 declining 0.95%, and Germany's Dax dropping 1.24%. There were little surprises for the financial markets in key monetary policy decisions, with both the Federal Reserve and the Bank of England opting to keep interest rates on hold. Both central banks said they considered the impact of US President Donald Trump's tariff policy, which had made the economic outlook significantly more uncertain. The Fed also cut its outlook for economic growth and raised projections for price rises. Despite the more tentative stance, US markets started the day higher. But by the time European markets closed, the S&P 500 was down 0.2%, and Dow Jones was up 0.1%. Russ Mould, investment director at AJ Bell, said: “No change to US interest rates was expected, as was a more cautious outlook Show less Read more
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