London Markets: FTSE 100 finishes lower for a third day in a row

U.K. stocks ended with losses Thursday in a downbeat start to March, as attention turned again to U.S. Federal Reserve Chairman Jerome Powell and what he was signaling about U.S. interest rates in fresh testimony to Congress.

Shares of ad giant WPP PLC were pummeled after a financial update, as investors sorted through a new round of earnings reports. Stocks held to losses after the U.K.’s manufacturing PMI marked an eight-month low.

How markets are moving

The FTSE 100 index UKX, -0.78% lost 0.8% to end at 7,175.64, building on Wednesday’s fall of 0.7%. It ended February trade down 4%, for the worst monthly performance since August 2015, according to FactSet.

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