Stocks in London are expected to open lower on Thursday, in line with equity markets in Asia and New York.
Optimism about US and UK interest rate cuts next year appeared to have vanish suddenly.
Investors were not in the festive spirit on Thursday, with stocks in London down, as the last load of US economic data edges closer.
It is London s last full day of trading before markets shut early.
Stock in London enjoyed a broad-based rally at Wednesday s open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year..
LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.
Stock prices in London were outperforming its European peers at midday Monday, after investors digested some hawkish comments from US Federal Reserve officials.
The FTSE 100 index was up 44.87.