India, Aug. 12 -- The U.K. market's benchmark index FTSE 100 dropped into negative territory Wednesday morning, and despite recovering lost ground subsequently, remained just marginally above the flat line as stocks kept swinging between gains and losses in cautious trade ahead of key U.S. inflation data.
Worries about the ongoing conflict in the Middle East and lingering uncertainty over the reopening of the Strait of Hormuz weighed on sentiment.
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