UK Stocks Set for Weekly Decline as Oil Prices Hit Five-Month Highs
The FTSE 100 fell 0.5% to 10,670 points on Friday, as oil prices reached more than five-month highs this week and investors weighed corporate earnings and economic data.
UK stocks were set for weekly declines on Friday, as oil prices hit over five-month highs this week, weighing heavily on risk appetite, while investors parsed a slew of corporate earnings and economic data through the week.The blue-chip FTSE 100 index CURRENCYCOM:UK100 fell 0.5% to 10,670 points b…