(MENAFN- ProactiveInvestors)London's blue-chip stocks are expected to open Thursday lower following US equities. A familiar volatility continues to be factor for investors. Wall Street gave up its short lived rally amid new warnings about the economy from the Federal Reserve's Janet Yellen. The Fed chair indicated there may not be any more interest rate raising in the near term whilst warning that stock market weakness may pose threats to the real economy. On Wall Street the Dow Jones fell 99 points 0.6% closing Wednesday at 15914. The S&P 500 was mostly flat ending the session at 1851 and the Nasdaq actually gained 0.45% to 4283. Elsewhere there was further volatility and some divergence in the oil market. US crude futures fell about 3.5% to $27 per barrel meanwhile Brent moved 1.1% higher to around $30.70. London's equities meanwhile are seen lower. IG Markets calls the FTSE 100 down nearly 50 points at 5616 to 5621.
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