Ashtead falls amid delays to US infrastructure boom

Ashtead fell 2.7% on Thursday amid diminishing expectations of a US infrastructure boom.

The delays to US corporate tax cuts and possible $1trn  of infrastructure spend has led to a pullback in Ashtead’s shares.

The firm was one of the biggest FTSE 100 gainers of the ‘Trump bump,’ with its shares rallying 30% since Trump’s victory in November.

Meanwhile, the FTSE 100 index ended flat, nudging up 0.06% to 7,118.54 points.

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