The FTSE 100 has closed lower in London as early advances evaporated in the wake of another strong US inflation print.

The FTSE 100 index closed down 31.28 points, 0.3%, at 10,751.59. It had earlier traded as high as 10,868.51.

The FTSE 250 ended 40.31 points higher, 0.2%, at 24,746.65, and the AIM all-share shed 1.85 points, 0.2%, at 759.54.

In Europe, the CAC 40 in Paris rose 0.6%, while the DAX 40 in Frankfurt climbed 0.3%.

In the US, equity markets were lower. Around the time of the London equities close on Tuesday, the Dow Jones Industrial Average was down 0.6%, the S&P 500 was 0.7% lower, while the Nasdaq Composite gave back 1.0%.

In the US, figures released by the Bureau of Labour Statistics showed US consumer prices rose more than expected in October, as higher food, housing and energy costs continued to put pressure on households.

The consumer price index rose by 0.4% month-on-month in October on a seasonally adjusted basis, slowing from a 0.6% increase in September but exceeding the…