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The Independent UK
The Independent UK
Business
Jeremy Cutler

FTSE 100 up as investors pin hopes on US rate cut

The London Stock Exchange sign in the City of London (PA) - (PA Archive)

The FTSE 100 closed higher on Thursday, despite downbeat construction data, amid growing conviction of a US interest rate cut next week.

Matt Britzman of Hargreaves Lansdown said: “Investors are leaning into the idea that easier policy is coming, which is fuelling appetite for risk and lifting everything from blue chips to small caps.

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