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FTSE closes lower as Wall Street heads for losing week

FTSE closes lower as Wall Street heads for losing week


Published on 2024-12-13 12:41:07 - Yahoo Finance
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  • On a day where President-elect Donald Trump rang the opening bell at the New York Stock Exchange, Wall Street failed to build on a furious rally that has picked up steam after his election win. In focus was fresh inflation data, which helped cast doubt on investor confidence for the path of interest rates ahead.

The article from Yahoo Finance UK discusses the latest developments in the financial markets, focusing on the FTSE 100 and Wall Street. It highlights that the FTSE 100 has seen a slight increase, driven by positive earnings reports and economic recovery signals. Key points include the anticipation of the US Federal Reserve's next moves on interest rates, with markets reacting to recent economic data suggesting a slowdown in inflation. Additionally, there's mention of specific corporate news, such as AstraZeneca's positive trial results boosting its stock, and concerns over potential supply chain disruptions due to geopolitical tensions. The article also touches on the broader market sentiment, with investors cautiously optimistic as they navigate through mixed economic signals, including employment data, consumer spending, and ongoing global economic recovery efforts.

Read the Full Yahoo Finance Article at:
[ https://uk.finance.yahoo.com/news/ftse-100-live-stocks-wall-street-094917767.html ]
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