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FTSE 100 stumbles on the open
The FTSE 100 has turned lower in early trading, having fallen back from Friday’s high.
The low of last week at 7494 is one area of possible support, while the rising trendline from the March low is currently being fought over around 7550. A close above 7710 is needed to break the sequence of lower highs that has been in place since the May all-time high.