The FTSE 100 index was higher today as investors got some respite from the interest rate anxieties that briefly left the Nasdaq in “correction” territory during Wall Street trading yesterday.
The 10% fall since Nasdaq’s November high came amid heightened worries at the start of 2022 about monetary policy tightening by the US Federal Reserve.
A resilient finish to Wall Street trading last night and some positive updates from stocks including Electrocomponents, cyber security firm Darktrace and recruitment business Robert Walters resulted in a more positive session in London today.
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