Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1678
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2498
    -0.0013 (-0.10%)
     

  • Bitcoin GBP

    51,245.71
    -362.70 (-0.70%)
     

  • CMC Crypto 200

    1,332.64
    -63.89 (-4.58%)
     

  • S&P 500

    5,106.00
    +57.58 (+1.14%)
     

  • DOW

    38,300.68
    +214.88 (+0.56%)
     

  • CRUDE OIL

    83.67
    +0.10 (+0.12%)
     

  • GOLD FUTURES

    2,352.40
    +9.90 (+0.42%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Gap stock falls after Morgan Stanley downgrades the retailer’s shares

Yahoo Finance Video

Yahoo Finance's Brad Smith reports on why Gap stock is dipping today.

Video transcript

BRAD SMITH: And everyone, we want to check in on a trending ticker today. That is Gap, ticker symbol, GPS. And this is falling after Morgan Stanley downgraded the apparel retailer's stock. The underweight from equal weight saying that it expects margins for Gap and other mall-based specialty retailers to revert back to the declining path seen pre-pandemic. Right now, shares are seen down by a little more than 6% year-on-the-day. Past six months down by about 40% over that time.