FTSE CLOSE: US shares stoop as Apple troubles spook markets; UK completed within the purple however held up higher; Subsequent climbs after respectable Xmas gross sales
- Trend retailer Subsequent has minimize its full-year revenue forecast by 0.6% to £723million
- Apple shocked traders final evening when it warned income can be decrease
The FTSE 100 closed down 41.57 factors at 6692.66 and the pound was at $1.26 in opposition to the greenback.
Trend retailer Subsequent has trimmed its revenue forecast for the total 12 months by 0.6 per cent to £723million, regardless of reaching a 1.5 per cent enhance in gross sales over the essential Christmas buying and selling interval.
Apple shocked traders within the US in a single day with a revenue warning after demand for its merchandise slowed in China throughout its most up-to-date quarter.