FTSE 100 Opens at 10,791 as UK GDP Growth Steadies at 0.4%
As seen on the 24/7 Wall St. homepage on August 17, 2026.
- 🇬🇧 FTSE 100+0.39%
- 🇩🇪 DAX+0.24%
- 🇫🇷 CAC 40—
London opened above 10,790 with UK GDP growth holding at 0.4% in the second quarter, the kind of steady read that keeps the Bank of England on hold and equity risk appetite intact. Frankfurt is moving with it.
Continue ReadingShow less
UK GDP growth of 0.4% in the second quarter is the reason the index is higher at the London open on August 17.
That steady reading keeps the Bank of England on hold, leaving equity risk appetite broadly intact.
Disclosure
*$149 for two years (or $1.43 per week) is an introductory promotion for new members only. 62% discount based on the current list price of Stock Advisor of $199/year. Membership will renew at the then-current list price at the end of the membership term. Stock Advisor returns are 930% as compared to the S&P 500 returns of 185% as of April 7, 2026.
The same investor newsletter that told subscribers to buy Amazon in 2002, Netflix in 2004, and Nvidia in 2005 still publishes two new stock picks every month. Over 23 years, Motley Fool's Stock Advisor has more than quadrupled the S&P 500. New members get this month's picks, the Top 10 Rankings, and a 30-day money-back guarantee. Click here to unlock their next top stocks while new members are still being accepted.
Stable rates matter for this index because it is heavily weighted toward large, dividend-paying companies in financials, energy, and consumer staples. When the rate outlook is calm, income-seeking investors have less reason to rotate out of equities and into bonds, which tends to support the index floor.
Frankfurt is moving in the same direction, with the DAX up 0.24% at the open, while the CAC 40 in Paris had no comparable move recorded at the same time.