STOCKS WOBBLE AS DOW EYES 40,000 ON RATE-CUT HOPES

Shares of U.S. retail giant Walmart pop as company raises full-year forecasts

FTSE 100 (^FTSE)

FTSE Index - FTSE Index Delayed Price. Currency in GBP

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8,441.30

-4.50

(-0.05%)

As of 02:53PM BST. Market open.

The Telegraph
BT to slash costs by £3bn as profits tumble
BT’s first woman boss has launched her campaign to turn around a deep slump in its share price with a pledge to cut £3bn of costs and reduce its heavy investment in broadband upgrades.
Yahoo Finance UK
FTSE 100 LIVE: Wall Street higher and Europe lower as US jobless claims fall
Japan GDP shrank at an annualised rate of 2% in the January to March period, compared to the previous quarter,
The Telegraph
Traders bet on faster interest rate cuts as US inflation falls
Wall Street stock markets hit record highs as traders increased bets on faster interest rate cuts in the US after data showed inflation and retail sales fell in April.