FTSE 100 Rises on Financials
Britain's FTSE 100 index rose on Monday as gains in financial and medical stocks offset pressures from rising oil prices. Investors now look ahead to crucial US inflation data and UK GDP readings.
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United Kingdom's FTSE 100 rose 0.98% to 10,656.28 points on Monday afternoon, driven by financial and medical equipment gains. The blue-chip index advanced despite a jump in crude prices and lingering fiscal pressures ahead of the upcoming national budget. The midcap FTSE 250 also climbed 0.47% during the session.
