The FTSE 100 edged higher, surpassing 8,530 on Tuesday amid cautious trading, as investors weighed the potential implications of President Donald Trump's second term. Focus was also on economic data, corporate earnings, and discussions at the World Economic Forum in Davos. Domestically, UK unemployment rose to 4.4% in November, while wage growth accelerated to 5.6%, adding to uncertainty around the Bank of England's future policy decisions. Regarding corporate performance, banks led the gains, with Lloyds Banking Group PLC climbing 4.9%, Barclays PLC rising 1.7%, and NatWest Group PLC advancing 1%. On the downside, Rightmove, Anglo American and Associated British Foods were the biggest laggards, with losses between 1.2% and 1.5%.
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