(Alliance News) – London remained in the red at midday on Wednesday, with miners among those keeping a lid on the FTSE 100, while stocks in New York are set for a small recovery after being sold off on Tuesday.
The FTSE 100 index was down 10.91 points, 0.1%, at 8,694.32. The FTSE 250 was down 11.68 points, 0.1%, at 20,086.19, and the AIM All-Share was down 0.70 points, 0.1%, at 693.58.
“The FTSE 100 was lower on Wednesday after selling resumed in the US overnight, with airlines and miners among those taking a step back,” says AJ Bell analyst Russ Mould.
easyJet and Wizz Air were 0.8% and 4.3% lower at midday on Wednesday. Glencore fell 1.5%, while Anglo American shed 1.2%.
The Cboe UK 100 was down 0.2% at 868.22, the Cboe UK 250 was down 0.1% at 17,501.94 and the Cboe Small Companies was down 0.1% at 15,665.41.
Investors are keenly-awaiting a US Federal Reserve decision at 1800 GMT.
“Currently, market expectations indicate that the…
