FTSE 100 Live 30 October: Index seen lower, GSK and Next post updates

Shares successful Google proprietor Alphabet were 6% higher successful dealings aft past night’s closing bell, boosted by forecast-beating 3rd 4th results.

Revenues roseate 15% to $88.3 billion, portion nett net of $26.3 cardinal came successful 34% higher than a twelvemonth earlier and good up of Wall Street targets.

Hargreaves Lansdown expert Matt Britzman said: “Alphabet is the archetypal large tech sanction to study earnings, and it hasn’t disappointed.

“Cloud maturation was strong, and amended than expected, which continues to enactment the statement that the large unreality providers are well-placed to payment from the AI revolution.”

The FTSE 100 scale is acceptable to stay nether pressure, having fallen by 0.8% successful yesterday’s session. Futures trading is pointing to a autumn of 23 points to 8197.

The selling follows a mixed league connected Wall Street, with the Dow Jones Industrial Average down by 0.4% and the S&P 500 scale 0.2% higher.

Brent Crude stands astatine $71.71 a barrel, portion the lb is adjacent to $1.30 up of this afternoon’s Budget statement.