Neutral
FTSE 100 remains steady as investors await US inflation data; Balfour Beatty hits record high.
The FTSE 100 index experienced minimal movement as investors adopted a cautious stance ahead of upcoming US inflation data. This data is anticipated to show a moderate increase in consumer prices for July, potentially influencing the Federal Reserve's interest rate decisions. In contrast, midcap stocks outperformed, notably Balfour Beatty, which surged to a record high following an upward revision of its annual forecast.
Key points
- FTSE 100 remains largely unchanged as investors await US inflation data.
- Balfour Beatty's stock reaches record high after raising annual forecast.
Sources
AI-generated from public news sources. Not financial advice.
