U.K. equities decline from a 7-week high as ARM falls

Source: Bloomberg
© Scanpix/AP
U.K. stocks dropped from a 7-week high after Microsoft Corp. and Google Inc. showed worse-than-expected earnings in the second quarter. ARM Holdings Plc that designs chips for Google's software devices fell 2.7% to 896.5 pence. The company's half-year earnings will be published on July 24. The FTSE 100 gauge slipped 0.5% to 6,604.06 as of 1:55 p.m. London time.
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