London Markets: FTSE 100 loses grip of intraday record after U.S. jobs disappointment

U.K. stocks pared back from an all-time intraday high and ended only a slight gain on Friday after U.S. jobs growth fell short of expectations, raising questions about the strength of the world’s largest economy.

The FTSE 100 Index UKX, +0.05% rose less than 0.1% to close at 7,547.63, trimming an advance of as much as 0.7%. That means the benchmark ended at exactly the same level as the previous record close of 7,547.63 set on May 26.

For the week, the FTSE ended flat.

Earlier in the day, the index peaked, scoring an intraday record of 7,598.99, but was pulled back along with the wider European and U.S.

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