The FTSE 100 nudged higher after London trading lost steam from a strong start to the session. Markets had jumped in early trading despite UK GDP growth slowing to a trickle, heavily disappointing the City’s economic experts. In the US, the markets rebounded after three days of consecutive decline were ended by the first conversations between President Biden and China’s President Xi were well received. The price of oil lifted higher, receiving a boost from the morning’s reports of the phone call between President Xi of China and President Biden. The biggest risers on the FTSE 100 were Antofagasta, up 49p at 1,448.5p, Evraz, up 18p at 603.6p, Weir Group, up 50p at 1,759p, and Experian, up 83p at 3,335p.

Source: Irish Independent September 10, 2021 16:30 UTC