The FTSE 100 and European markets rose in early trade on Monday in London before a mixed afternoon while US indices were down, as investors look to the Federal Reserve interest rate decision, jobs data and Big Tech earnings.
The FTSE 100 (^FTSE) rose 0.1% by the closing bell, and the more domestically focused FTSE 250 (^FTMC) was down 0.5%.
Germany's DAX (^GDAXI) fell 0.6% and the CAC (^FCHI) in Paris was down about 1%.
The pan-European STOXX 600 (^STOXX) fell 0.2%, having risen earlier.
Over in the US, the Dow Jones Industrial Average (^DJI) moved down roughly 0.2%, coming off a surge of over 650 points for the blue-chip index. The S&P 500 (^GSPC) also fell 0.2%, while the tech-heavy Nasdaq Composite (^IXIC) dropped about 0.1%.
No move is expected from the Federal Reserve at the end of its meeting on Wednesday, despite signs the US economy and inflation have hit a sweet spot. Many on Wall Street see other reasons for the central bank to wait until September to act.
In the UK, chancellor Rachel Reeves addressed parliament on Monday to call for "immediate action" to fix what Labour has called a "cover up" by the previous government in terms of public spending. It came alongside the publication of a Treasury audit on public finances.
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