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FTSE 100 muted as oil slips

Londons FTSE 100 remained flat on Wednesday as lower oil prices pressured energy stocks. Investors awaited key United States inflation data and upcoming earnings reports.

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FILE PHOTO: A man walks through the lobby of the London Stock Exchange in London, Britain, May 14, 2024. REUTERS/Hannah McKay/File Photo

The United Kingdom's FTSE 100 index traded flat at 10,875.87 points on Wednesday morning as sliding oil prices pressured energy counters. The muted session comes ahead of critical United States inflation data and quarterly earnings from NVIDIA CORP. Investors are balancing easing supply concerns in the Middle East against upcoming macroeconomic catalysts that could dictate global monetary policy.
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