London Stocks Hold Steady Ahead of Data
London stock indexes closed flat on Tuesday as losses in mining and industrial shares countered gains in energy companies. Investors now await upcoming US inflation data and British GDP figures.
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United Kingdom's FTSE 100 index closed down 0.06% at 10,650.33 points on Tuesday afternoon as industrial and mining losses offset energy gains. The dip followed soft precious metal prices and ongoing corporate dealmaking in the United Kingdom. Investors are now positioning themselves ahead of incoming domestic GDP figures and upcoming fiscal policy updates.
