From Nasdaq.: 2025-01-06 05:31:08

U.K. stocks are down on Monday morning due to rating downgrades of major stocks, with the FTSE 100 marginally lower while other European indices are in positive territory. S&P Global UK Services PMI rose to 51.4 in December 2024, exceeding expectations. WPP, Rolls-Royce Holdings, and Unilever are down significantly after rating cuts. Barratt Redrow, IAG, EasyJet, and others are also declining. Intermediate Capital and B&M European Value Retail are rising, while Spectris Plc shares are up 2.3% after a rating upgrade. New passenger car registrations in the UK slipped 0.2% in December but saw a 2.6% rise in 2024 overall.



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