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London close: Stocks rise as US inflation undershoots forecasts

By Josh White

Date: Wednesday 12 Jun 2024

(Sharecast News) - London stocks closed higher on Wednesday as investors reacted to economic data from the US and the UK, with lower-than-expected inflation figures from the United States and uninspiring GDP data from the UK.

The FTSE 100 rose by 0.83%, closing at 8,215.48, while the FTSE 250 saw...

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