Traders work on the floor of the New York Stock Exchange. US stocks fell on Wednesday. Photograph: ANGELA WEISS/AFP via Getty Images
Bloomberg News reported that amid resistance from allies to its chip crackdown, the US is considering the most toughest trade restrictions if companies keep providing China with access to advanced semiconductor technology.How many times does Ireland have to be warned about shadow banking?Datalex The blue-chip FTSE 100 index rose 0.3 per cent, recovering from losses of as much as 0.4 per cent earlier in the session.
British consumer prices data showed that inflation held at 2 per cent, defying forecasts of a slight fall, adding to uncertainty around when the BoE would start its monetary policy easing cycle.
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