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FTSE falls back from record as AstraZeneca and oil stocks drop

FTSE 100 on track for longest weekly win run since 2005

FTSE falls back from record as AstraZeneca and oil stocks drop

UK stocks on Friday pulled back from a record close, as shares of AstraZeneca declined following the heavyweight drug maker’s earnings report, and as shares in oil companies took a break from their recent rally, MarketWatch reports.

What are markets doing?
The FTSE 100 index dropped 0.2% to 7,775.70, on track to break a three-day winning streak. On Thursday, that win streak helped push the London benchmark to an all-time closing high, after a solid run that was boosted by a weaker pound and a rally in oil stocks.

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