London open: Stocks muted after US inflation print; bank earnings eyed
London stocks were muted in early trade on Friday as hotter-than-expected US inflation data raised expectations of another rate hike by the Federal Reserve.
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London stocks were muted in early trade on Friday as hotter-than-expected US inflation data raised expectations of another rate hike by the Federal Reserve.
London’s FTSE 250 was up 0.7% at 17,612.60 in afternoon trade on Thursday.
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London stocks had extended gains by midday on Thursday as a retreat in US Treasury yields provided some relief after the recent selloff.
London’s FTSE 250 was down 0.8% at 17,544.81 in afternoon trade on Wednesday.