FTSE 100 LIVE: European stocks mixed with UK investment summit in focus
The FTSE 100 (^FTSE) and European stocks were mixed on Monday as investors await a speech from UK prime minister Keir Starmer at the inaugural International Investment Summit, in which he is expected to promise to get rid of red tape to help drive investment in the country. In a keynote speech opening the gathering of global business leaders and investors, Starmer is expected to say that he will do everything in his "power to galvanise growth including getting rid of regulation that needlessly holds back investment". London’s benchmark index was 0.2% lower in early trade. Germany's DAX (^GDAXI) rose 0.5% while the CAC (^FCHI) in Paris headed 0.3 into the red The pan-European STOXX 600 (^STOXX) was 0.3% in the green. Wall Street is set to open flat as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all unchanged. The pound was flat against the US dollar (GBPUSD=X) at 1.3063. Key companies reporting this week include Netflix (NFLX), Goldman Sachs (GS) and Bank of America (BAC) in the US, while LVMH (MC.PA), ASML (ASML.AS) and Rio Tinto (RIO.L) are due to release results in Europe. Follow along for live updates throughout the day: Starmer to...