India, June 29 -- The UK stock market's benchmark index FTSE 100 dropped into negative territory on Monday after an initial marginal upmove, as the mood remained cautious with investors looking ahead to a fresh round of negotiations between Iran and the U.S. scheduled to take place on Tuesday in Doha, Qatar.
Investors also focused on the Sintra Forum, an annual ECB event that focuses on central banking.
After renewed hostilities, the United States and Iran have agreed to halt military strikes against each other and hold talks to resolve their disputes over shipping routes and transit fees.
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