FTSE 100 Today: Why UK Stocks Are Barely Moving as DCC, Unilever and the BoE Dominate London Trading
The FTSE 100 edged 0.10% higher to 10,222.85 in early London trading Thursday, while the FTSE 250 managed a 0.05% lift to 22,212.77. Brent crude advanced 3.52% to $122.19 a barrel, inflation and rate worries refusing to let up. That slight uptick stood out after the FTSE 100 slid 1.2% on Wednesday—marking the seventh loss in eight sessions and putting the index at a one-month low. Recent declines have come on the back of uneven earnings and investor wariness ahead of policy moves from central banks in the US and UK.