London Stocks Decline as Trade Tensions Impact Mining and Energy Sectors
London stocks declined on Tuesday as escalating US-China trade tensions dampened investor sentiment. Mining and energy sectors led the downturn, while homebuilders showed resilience following government planning reforms.
London’s financial markets experienced significant pressure on Tuesday as escalating trade tensions between the United States and China created uncertainty across global markets. The FTSE 100 Index declined 0.44% by mid-morning trading, while the more domestically-focused FTSE 250 fell 0.6%, reflecting broader concerns about international trade dynamics and their impact on the UK economy.