This weighed heavily on the commodity-rich FTSE 100, but this was offset by a good performance from tech stocks The index ended the session 0.1% higher.

The LSE opened in the green this morning, lifted by strong job data. The U.K. unemployment rate remained stable at 3.8% in the second quarter, while the number of people in employment rose 160,000, according to the Office for National Statistics.

In other news, Sage Group just announced that it has agreed to purchase cloud accounting firm Lockstep. The amount of the transaction was not disclosed.

Today, investors will be watching earnings reports from retailers The Home Depot and Walmart and Wednesday’s minutes from the latest Federal Reserve meeting.

 

Things to read today:

Warren Buffett’s Berkshire Hathaway makes big bet on US lender Ally Financial (Financial Times)

Protests Against Soaring Energy Bills Spread Through UK, and CEOs Are Taking Notice (Bloomberg)