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FTSE 100 Closes Down 0.75% After Rate Hike; Ocado Surges on Bid Speculation : comparemela.com
FTSE 100 Closes Down 0.75% After Rate Hike; Ocado Surges on Bid Speculation
The FTSE 100 Index closed Thursday down 0.75% to 7502 points, reaching a three-week low as investors weighted the impact of more rate hikes on the U.K. economy, IG Group Chief Market Analyst Chris Beauchamp says in a note.
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