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UK stocks edge higher as Fed decision looms

Retail shares gain ahead of monthly sales update

UK stocks edge higher as Fed decision looms

UK stocks edged higher Wednesday as retail shares gained ahead of a monthly sales update, with investors focused on the US Federal Reserve policy decision due later, MarketWatch reports.

The FTSE 100 index trudged up 0.1% to 7,282.85, with the consumer services, oil and gas, and financial groups advancing. But consumer goods, basic materials and health care stocks dipped into the red. On Tuesday, the London benchmark rose 0.3%.

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