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FTSE 100 flat as mining stocks fall FTSE 100 flat after mining stocks fall
(about 2 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.(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.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%.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%.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.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.