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Could be flat ahead of NFP Friday | 7707 7745 resistance | 7680 7646 support

#1 · 4th January 2024, 9:54 am

Technical analysis for FTSE 100 for 4th January 2024

On its 40th anniversary, the UK's FTSE 100 on Wednesday hit its lowest in two weeks, weakened by a rise in bond yields and a sell-off in mining and personal goods stocks, while investors awaited minutes from the U.S. Federal Reserve's December meeting. The blue-chip FTSE 100 index lost 0.5%. The midcap FTSE 250 index was down 1.0%, its biggest one-day decline in over a month. The yield on the British 10-year benchmark note was up for the fourth session in a row, tracking its U.S. peers.