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FTSE 100 rises as traders consider wages data

Jobs and wage growth should help shape the Bank of England’s thinking on an interest-rate hike

FTSE 100 rises as traders consider wages data

A continued pullback in the pound helped push UK stocks modestly higher Wednesday, as investors waited for an update on jobs and wage growth that should help shape the Bank of England’s thinking on an interest-rate hike, MarketWatch reports.

The FTSE 100 index rose 0.2% to 7,533.44, with all sectors moving higher. The London benchmark on Tuesday shed 0.1%.

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