(Alliance News) – The FTSE 100 was in the red on Wednesday at midday, as relief from cooling UK inflation was not enough to shake off nerves ahead of the latest US Federal Reserve interest rate decision.
Stocks in Paris were weighed down by a disappoint profit warning from Kering, which also had an impact on Burberry in London. Prudential shares sunk on the back of its results.
The FTSE 100 index was down 9.75 points, 0.1%, at 7,728.55. The FTSE 250 was up 31.63 points, 0.2%, at 19,464.44, and the AIM All-Share was down 0.40 of a point, 0.1%, at 735.16.
The Cboe UK 100 was down 0.1% at 773.83, the Cboe UK 250 was up 0.1% at 16,891.30, and the Cboe Small Companies was down 0.3% at 14779.12.
In European equities on Wednesday, the CAC 40 in Paris was down 0.5%, while the DAX 40 in Frankfurt was up 0.3%.
All eyes on are on the next US Federal Reserve decision, which will be announced at 1800 GMT on Wednesday. A press conference with Chair…
