FTSE 100 opens in the red as rate cut hope rally fades
A positive run-up to the year-end holidays for London stocks, fuelled by hopes for lower UK and US interest rates in 2024, stumbled early Thursday.The FTSE 100 index opened down 6.54 points, 0.1%, at 7,709.14. The FTSE 250 was down 87.19 points, 0.4%, at 19,541.90, and the AIM All-Share was down 1.31 points, 0.2%, at 750.13The Cboe UK 100 was down 0.2% at 769.62, the Cboe UK 250 was down 0.4% at 1