India, July 29 -- The U.K. market's benchmark index FTSE 100 climbed to a new record high Wednesday morning, buoyed by some strong corporate earnings announcements. Worries about a fresh escalation in Middle East tensions weighed on sentiment and limited market's upside.
Joint strikes in Iraq by the United States and Saudi Arabia, targeting Iran-backed militias, raised concerns about a prolonged war in the Middle East.
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