Market report: Banks, utilities, Royal Mail
Shares in the FTSE 100 index are 0.2% lower at 7,235 with interest rates in focus ahead of European Central Bank (ECB) chief Mario Draghi's press conference later today.Gains on bank stocks, which typically benefit from rising yields, are being offset by losses on utilities, whose share prices generally fall when interest rates are rising.That indicates traders expect Draghi to continue to...