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The FTSE 100 rose 1.3% to 7,648.98 points on the back of the U.S. Federal Reserve s pivot toward rate cuts last night, and despite of push-back on following a similar rate cut outlook from the Bank. ....
S&P 500, Dow, Nasdaq indices fell before Friday s monthly jobs data. If strong, the Fed may stay aggressive with rate hikes. Treasury yields spiked. ....