After posting its biggest gain since July, the U.K.’s FTSE 100 index pulled back on Wednesday, with investors largely ignoring a better-than-expected reading on the country’s services sector in February.nvestors in London largely shrugged off the latest data on the U.K. services sector. The Markit/CIPS services purchasing managers index for February came in at 58.2, exceeding analyst expectations, but slipping from the 58.3 recorded in January. A reading above 50 indicates expansion.
The benchmark index dropped 0.3% to 6,801.32, partly erasing a 1.7% advance from Tuesday.
The benchmark index dropped 0.3% to 6,801.32, partly erasing a 1.7% advance from Tuesday.