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London close: Stocks rise as US PCE inflation slows

By Josh White

Date: Friday 27 Sep 2024

(Sharecast News) - London stocks closed higher on Friday as investors digested a slowdown in the Federal Reserve's preferred inflation measure.

The FTSE 100 gained 0.43% to reach 8,320.76, while the more domestically focused FTSE 250 climbed 1.1% to finish at 21,240.56.

In currency markets, sterling was last down...

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