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Miners lead the blue-chip index and all eyes on US personal consumption expenditures data

Miners boosted the FTSE 100 as London's benchmark index outperformed during another downbeat morning for European equities.The pound, meanwhile, rose after a better-than-expected monthly retail sales reading, as well as the prospect of more Bank of England rate hikes.The FTSE 100 index was up 10.95 points, or 0.1%, at 7,581.82. The FTSE 250 was down 56.49 points, or 0.3%, at 18,784.26, and the...

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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