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FTSE 100 Dips Despite Strong Earnings and Acquisition Surge

8/2/2025

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Story summary
  • London's FTSE 100 dipped 4.13 points to 9,132.81 after hitting a record high.
  • Positive earnings from Microsoft and Meta lifted investor confidence amid US inflation worries.
  • The Federal Reserve held interest rates steady, adopting a hawkish stance that influenced market outlook.
  • Just Group's shares soared 67% following a £2.4 billion acquisition proposal.
  • The pound weakened to $1.3230, and Brent oil prices decreased to $71.11 per barrel.