Diageo Plc shares rise 1.76% premarket as London markets end slightly lower.

Diageo Plc rose 1.76% in premarket trading. The movement may be attributed to the broader market sentiment, as London markets ended slightly lower on Wednesday due to concerns around the U.S. Federal Reserve's independence. The blue-chip FTSE 100 finished the day 0.1% lower, extending Tuesday's losses when global risk assets took a hit after U.S. President Donald Trump said he was firing Federal Reserve Governor Lisa Cook.