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London close: Stocks higher as investors digest Powell speech

By Josh White

Date: Friday 23 Aug 2024

(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.

The FTSE 100 rose 0.48% to 8,327.78, while the more domestically-focussed FTSE 250 gained 0.4% to close at 21,189.48.

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