{"id":160727,"date":"2019-01-03T19:04:40","date_gmt":"2019-01-03T19:04:40","guid":{"rendered":"https:\/\/www.theindustry.fashion\/next-rises-to-top-of-ftse-100-but-apple-takes-bite-out-of-market\/"},"modified":"2021-08-12T13:54:35","modified_gmt":"2021-08-12T13:54:35","slug":"next-rises-to-top-of-ftse-100-but-apple-takes-bite-out-of-market","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/next-rises-to-top-of-ftse-100-but-apple-takes-bite-out-of-market\/","title":{"rendered":"Next rises to top of FTSE 100 but Apple takes bite out of market"},"content":{"rendered":"
Retailers rose to the top of the FTSE 100 today<\/strong> (3 January) following a decent showing from high street chain Next, but it wasn\u2019t enough to lift London\u2019s top flight out of the red.<\/p>\n
The blue-chip index closed the day down 41.57 points, or 0.62%, at 6,692.66, following US markets lower.<\/p>\n
Wall Street traders are reeling after tech giant Apple cut its holiday sales forecasts<\/strong> amid lower iPhone sales and pressures in China, sparking a sell-off in global markets.<\/p>\n
Defying the trend on London\u2019s premier index were the likes of Tesco, Associated British Foods (Primark's parent), Morrisons and Marks & Spencer<\/strong>, which were riding high off the back of Next\u2019s Christmas trading update.<\/p>\n