(For a live blog on European stocks, type LIVE/ in an Eikon
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* FTSE 100, FTSE 250 up 0.4%
* SIG tanks after profit warning
* M&S, Card Factory whacked
Jan 9 (Reuters) - UK stocks rebounded on Thursday as chances
of a full-blown crisis in the Middle East waned, but shares of
SIG, Marks and Spencer and Card Factory missed out on the
recovery after the companies warned of a hit to their annual
performance.
The FTSE 100 .FTSE and FTSE 250 .FTMC rose 0.4% after
U.S. President Donald Trump stepped back from more military
action against Iran and Tehran signalled an end to retaliation.
Building materials supplier SIG SHI.L slumped 25% to the
bottom of the midcaps after warning that profit would be
significantly lower as its recovery in weak UK and Germany
construction markets was taking longer than expected.
M&S MKS.L slid 7.5% after the retailer warned full-year
gross margins would be around the lower end of its forecast.
Greeting card specialist Card Factory CARDC.L tumbled 18% to a
life low, after saying subdued performance over Christmas would
hit profit.