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The FTSE 100 moved modestly higher on Wednesday, recovering some ground following the previous session's decline, as investors remained cautious ahead of Thursday's Bank of England interest rate announcement. London equities found support from stabilising global technology stocks and stronger earnings from US chipmaker Advanced Micro Devices (NASDAQ:AMD), although uncertainty surrounding UK monetary policy and the US midterm elections limited gains. The FTSE 100 edged into positive territory after Tuesday's retreat ended the benchmark's longest winning streak since August. Investor sentiment improved slightly following a stabilisation in global semiconductor shares, supported by AMD's latest earnings performance.
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