FTSE 100 Falls Today as AstraZeneca and GSK Drag London Stocks Lower
The FTSE 100 fell 0.6% to 10,270.96 by mid-morning Wednesday, reversing gains from the previous session. AstraZeneca and GSK shares dropped despite beating profit forecasts, dragging the healthcare sector lower. Lloyds Banking Group posted a 33% rise in pre-tax profit but failed to lift sentiment. DCC shares surged on news of a takeover approach from Energy Capital Partners and KKR.