The five day win streak produced by the FTSE 100 came to an end on Wednesday following an unexpected drop in GDP data from the US. The US GDP unexpectedly shrunk by 0.1% during the last quarter, which impacted investor sentiment.
At the close of the index, the FTSE 100 finished the day down by a little over 16 points to end the day at 6323.11.
Prior to this, the FTSE 100 was on course to set a near five year high.
However, analysts are indicating that the shrinking of the US GDP may well be temporary only.