FTSE 100 rises on cooling oil and strong data

independent.co.uk

London's FTSE 100 closed higher Tuesday, closing up 31.84 points, 0.3%, at 10,886.16. The FTSE 100 closed up 31.84 points, 0.3%, at 10,886.16. The FTSE 100 closed higher Tuesday as oil prices cooled and investors awaited Nvidia earnings and US inflation data. Melrose soared 10% after avoiding a criminal investigation, while Vistry surged 16% on a government grant. Brent oil fell to 89.31 dollars a barrel. European markets were mixed, with Frankfurt's DAX rising 0.7% on strong German business climate data. The pound traded at 1.3632 dollars. Next rose 2.4% after a Citigroup upgrade. Gold fell to 4,642.09 dollars an ounce.


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