LONDON, Jan 25 — London’s FTSE 100 rebounded today from a one-month low hit a day earlier, with commodity-linked energy and mining stocks leading the gains, while Unilever slipped on plans to slash about 1,500 management positions.
Market participants appeared to be on the sideline ahead of the outcome of the Federal Reserve policy meeting on Wednesday, expecting a hawkish stance from policymakers. The FTSE 100 has outperformed its peers in developed markets this year, supported by its attractive valuations and gains in heavyweight energy and banking shares.
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