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UK inflation at 30-year fails to stop FTSE 100 gains; Wall Street set for positive start

Major UK stocks reversed earlier declines at lunchtime on Wednesday as positive company updates outweigh the jump in the cost of living. At 12.30pm, the benchmark FTSE 100 is trading 0.4% higher at 7,596.10, with the ongoing sell-off of risk assets, and growth stocks in particular, being offset by strength in housebuilders, retailers and oil producers on the FTSE 100, and optimism generated by ...
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