London's FTSE nudges lower for week after record run

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London's FTSE nudges lower for week after record run
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May 17 - London's FTSE 100 ended the day and the week slightly lower on Friday, pausing after a run of record highs and ahead of a reading of UK inflation next week that will set near-term expectations for the timing of a first interest rate cut.

The personal goods sector , opens new tab led Friday's decline, falling 2.3%, followed by automobile parts , opens new tab, which slipped 1.7%. For the week, the industrial support services sector , opens new tab outperformed, finishing 3.3% higher, while the energy sector , opens new tab sector lagged with a 4.1% drop.

Auto Trader Group , opens new tab was down 3.3% after Morgan Stanley cut its rating and target price on the stock.

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