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News 2026-10-16 07:54 UTC

FTSE 100 Edges Down, Set for 2nd Week of Gains

The FTSE 100 traded slightly lower on Friday, lagging other European markets as it failed to fully participate in a technology-led rebound following supportive comments from Federal Reserve Chair Kevin Warsh. Pharmaceutical shares weakened, with AstraZeneca falling 1.4% and GSK losing 1%. Mining stocks also came under