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Evening Standard
Evening Standard
Business
Graeme Evans,Michael Hunter and Daniel O'Boyle

FTSE 100 Live 2 February: 'Interest rate cuts moving ever later', London shares close down

Dividend-paying Meta Platforms led the way for the Magnificent Seven last night after the Facebook owner reported a trebling of quarterly profits.

With fellow tech giants Apple and Amazon also posting strong figures, markets on both sides of the Atlantic are poised for strong sessions today.

The gains come despite continued uncertainty over when the Federal Reserve and Bank of England will begin cutting interest rates.

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