FTSE 100 down 0.1, FTSE 250 down 0.2
Jan 23 Reuters The UK39;s FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S. President Donald Trump39;s trade policies, while shares in CMC Markets tumbled on a disappointing forecast.
The bluechip index dipped 0.1 as of 1135 GMT, having touched an alltime high on Wednesday. The FTSE 250 midcap index dropped 0.2.
Stock investors largely took comfort this week as Trump held off imposing hefty tariffs on his first day in the office and announced big investments in artificial intelligence infrastructure, sparking a rally in global tech shares.
Focus is now on economic data, corporate earnings and remarks from Trump later in the day.
In earningsdriven moves, CMC Markets dropped 14.2 after the trading platform39;s muted forecast fell short of investors39; heightened expectations following upbeat projections from industry peers.
IG Group slipped 4.5 despite the online trading platform posting a 30 rise in its firsthalf profit.
Auto distributor Inchcape dropped 10.6, with traders pointing a downgrade by J.P. Morgan.
The FTSE 100listed Associated British Foods dropped 2.6 after it reported weak trading in its main UK market in the Christmas quarter and cut annual sales forecast for its Primark budget fashion retailer.
Investors meanwhile are awaiting a slew of monetary policy decisions including the Federal Reserve and the European Central Bank next week and the Bank of…