Following a strong start to the week, investors turned cautious ahead of the conclusion of the Federal Open Market Committee (FOMC) meeting tomorrow afternoon as markets ready themselves for one of the most closely-watched US policy decisions in recent years, given rising expectations that the Fed will begin to scale back its quantitative easing (QE) programme. [17 Sep '13]
The FTSE 100 trimmed losses on Friday afternoon but markets still finished broadly flat as traders scaled back risk appetite ahead of the weekend with the focus now turning to the Federal Reserve meeting next week. [13 Sep '13]
ITV was the top riser after Nomura raised its target price from 170p to 200p and reiterated a 'buy' rating for the stock. The broker said that a continuing improvement in the UK economic outlook prompted it to raise its ad forecasts for 2013 and 2014. [13 Sep '13]
The FTSE 100 was trading slightly lower on Friday morning, pulling back from yesterday's close of 6,586.08 - its highest closing level since August 13th - as investors await the Federal Reserve policy meeting next week and continue to digest developments in Syria. The heavyweight mining sector was providing the main drag. [13 Sep '13]
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