The FTSE 100 ended Friday up 0.04% ahead of the holidays. That could help the economy out of any recession in 2024, Henderson adds. (edward.frankl@wsj.com)---Gilt Yields, Sterling Trade Flat After Weaker-Than-Forecast U.K. GDP Data0944 GMT - Gilt yields and sterling trade flat as market expectations of a Bank of England rate cut in early 2024 are reinforced by weaker-than-expected U.K. GDP data. The report shows U.K. economy contracted 0.1% in the third quarter, lower than the 0.0% consensus forecast by economists in a WSJ survey. "Clearly, the U.K. economy has been struggling under the weight of higher costs and higher interest rates," she says.

Source: Wall Street Journal December 22, 2023 13:09 UTC