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The Independent UK
The Independent UK
Business
Jeremy Cutler

FTSE 100 closes down after US inflation figures temper tech firms’ results

United States Inflation Microsoft Dan Ives Jerome Powell RollsRoyce US Federal Reserve London Just Group Meta
Stocks in London opened brightly after strong earnings in the capital (PA) - (PA Wire)

The FTSE 100 gave up early gains as a strong US inflation reading and weak mining stocks tempered enthusiasm provided by well-received earnings on both sides of the Atlantic.

The index closed down 4.13 points at 9,132.81. It had earlier traded as high as 9,190.73, a new all-time peak.

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