Markets: London’s top stocks claw back gains after week of turbulence

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Ongoing jitters over US debt somewhat receded on Friday with the government edging closer to a deal before the bank holiday weekend

London’s FTSE 100 has clawed back gains after a turbulent week which saw it drop to a two-month low.Fears that the world’s largest economy’s could default on its debt spooked global investors as negotiations over its debt ceiling failed to reach a conclusion.

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