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Story summary
- The FTSE 100 rose to a record high of 10,373.28 points on February 3, 2026, but closed 0.26% lower.
- Losses in AI-exposed stocks outweighed gains in mining stocks, with a significant drop in the technology index.
- Gold prices surged, triggering a rebound in precious metal miners.
- The Bank of England is expected to keep its benchmark rate at 3.75% during its upcoming meeting.
- United Kingdom grocery inflation eased to 4.0%.
