FTSE 100 LIVE: Stocks struggle for direction as traders weigh up UK budget and US presidential election row
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The FTSE 100 (^FTSE) and European stocks were mixed on Wednesday as investors look ahead to the upcoming autumn budget in the UK, and weigh up bets that Donald Trump will be able to clinch next month’s US presidential election.
It comes as the Trump presidential campaign has filed a complaint with the US Federal Election Commission (FEC) accusing the UK Labour party of "blatant foreign interference".
The complaint cites media reports about meetings between Labour and the Harris campaign, as well as volunteering efforts by Labour activists in the US. Under US law, foreign nationals can not be paid to take part in campaign activity.
Prime minister Keir Starmer responded by saying that Labour members were there in their "spare time".
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London’s benchmark index was 0.1% higher in early trade.
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Germany's DAX (^GDAXI) also rose 0.1% and the CAC (^FCHI) in Paris headed 0.1% into the red.
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The pan-European STOXX 600 (^STOXX) was up 0.2%.
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Wall Street is set to open lower as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all in negative territory.
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The pound was 0.1% down against the US dollar (GBPUSD=X) at 1.2968.
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