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Evening Standard
Evening Standard
Business
Emma Curzon

FTSE 100 down as US manufacturing growth slows

Stock prices in London closed mostly lower on Monday, as market sentiment remained cautious and analysts warned that the UK manufacturing sector’s recovery remains uncertain.

The S&P Global UK manufacturing purchasing managers’ index rose to 50.2 points, a 14-month high, from 49.7 in October, with rising output and stabilising new orders pushing the S&P Global PMI above the neutral 50-point threshold.

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