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FTSE 100 Live: Stocks called higher while S&P 500 breaks 5,000

Published 09/02/2024, 06:59
Updated 09/02/2024, 07:10
© Reuters.  FTSE 100 Live: Stocks called higher while S&P 500 breaks 5,000
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Proactive Investors - FTSE 100 called slightly higher.

The FTSE 100 is expected open slightly on what should be a quieter day in London aftet Thursday's ranings blitz.

Spread betting companies are calling London's lead index up by arounf 12 points after closing down 33.27 points at 7,595.48 on Thursday.

An update from housebuilder Bellway (LON:BWY) is the main event scheduled in the UK corporate diary with no major events in the the economic diary.

US markets made steady progress with the S&P breaching the 5,000 landmark in the final minutes of trading before closing just below.

In the US, the Bureau of Statistics will release the CPI revisions today, which consists of the revised month-over-month CPI figures for the past five years, incorporating some adjustments.

In Europe, CPI figures are due from the region's largest economy, Germany, while earnings from French luxury group Hermès will grab the headlines, after L'Oreal and Kering (LON:0IIH) reported on Thursday.

Read more on Proactive Investors UK

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