FTSE 100 Today: UK Stocks Slip as US-Iran Ceasefire Proposal Faces Uncertainty, Fresh Strait of Hormuz Attacks Keep Investors Cautious
India, July 21 -- The FTSE 100 edged lower on Tuesday as investors weighed reports of a proposed temporary ceasefire between the United States and Iran against renewed attacks on commercial shipping in the Strait of Hormuz. Persistent geopolitical tensions in the Middle East kept market sentiment cautious despite encouraging UK economic data, including stronger-than-expected labour market figures and an improvement in public borrowing. European markets delivered a mixed performance, while gold extended gains as investors shifted towards safe-haven assets.
FTSE 100 Edges Lower amid Geopolitical Uncertainty
The FTSE 100 declined 0.18% during Tuesday's session as investors monitored developments surrounding a proposed 10-day ceasefire betw...
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