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FTSE 100 flat as mining stocks fall | FTSE 100 flat as mining stocks fall |
(about 4 hours later) | |
(Close): After a strong start to the day, the FTSE 100 fell back to close little-changed, with mining stocks weighing on the market. | |
The FTSE 100 had been up more than 40 points at one point, but finished 5 points lower at 6,100. | |
Mining stocks saw the biggest losses, with Glencore down 5% and Anglo American dropping 4.5%. | |
The top rises included High Street stalwart Marks & Spencer and Primark owner AB Foods, both up about 3%. | |
Investors were cautious before a speech from US Federal Reserve chair Janet Yellen due later in the day. | |
Markets will be examining Ms Yellen's comments for clues as to when the Fed might next raise interest rates. | Markets will be examining Ms Yellen's comments for clues as to when the Fed might next raise interest rates. |