Late market roundup: FTSE 100 nears highs as US rate cut bets rise
London stocks edged higher on Wednesday as building expectations for US interest rate cuts buoyed investor confidence, helping the FTSE 100 head towards record levels. Joshua Mahoney, analyst at Rostro, said markets are confident that the Fed will slash rates in the months to come. 'Market pricing for a rate cut at each of the remaining three meetings of 2025 have tipped...