The FTSE did what it has done for most of the week, clawing its way over the 7200 but without the conviction to suggest it will stay there for long. With the euro losing out against the dollar and the pound the Eurozone indices fared a lot better, the DAX and CAC ignoring the issues in Greece to jump by 0.6% and 1% respectively. The Dow Jones, meanwhile, jumped just over 40 points after the bell, the US index once again eyeing 20100.
The biggest news this Thursday was about, not on, Twitter, the social media giant (and presidential policy-machine) slumping more than 10% following its fourth quarter earnings. Despite slashing its workforce by 9% in Q3, the company’s Q4 net losses widened to from $90.24 million to $167.1 million year-on-year; revenue also vastly underperformed expectations, the 1% rise to $717.2 million around $23 million short of estimates. The bitterest disappointment was likely the 4% increase in fourth quarter monthly active users to 319 million, falling shy of forecasts even with the Trump-related bump the site has received in recent months.
