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FTSE 100 Live: London stocks called lower as Big Tech burns cash and oil hits $100
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London and European blue chips are surging as the week comes to an end, with oil prices on the wane.
The FTSE 100 finished the day up 97 points at 10,736 as a pullback in oil prices took the pressure off equities.
Story continuesAnother big event for Wednesday is the Federal Reserve's interest-rate decision, which comes as rate expectations mount on the back of resurgent oil prices.
On inflation, he said price pressures cooled thanks to the lower oil prices seen during the first half of the month.
The return to triple-digit oil prices has broader implications for financial markets.