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Sliding oil shares push FTSE lower as Fed appears on horizon

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Sliding oil shares push FTSE lower as Fed appears on horizon

UK stocks slipped Wednesday, with investors entering wait-and-see mode ahead of the US Federal Reserve’s decision on interest rates and the release of British inflation figures.

How markets are performing
The FTSE 100 index fell 0.2% to 7,689.85, led by the oil and gas and telecom groups. But the industrial group was the best performing sector. On Tuesday, the blue-chip benchmark fell 0.4%.

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