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FTSE 100 Extends Losing Streak as Labor Data Weighs on Sentiment

A seventh consecutive day of losses hit the London Stock Exchange on Tuesday, as the blue-chip FTSE 100 index dipped 0.1% to 10,711.29 points by mid-morning. The decline was driven by a retreat in metal miners and mounting investor anxiety over signs of a cooling British labor market.

FTSE 100 Extends Losing Streak as Labor Data Weighs on Sentiment

The broader market sentiment remains fragile, with the mid-range FTSE 250 index recording a sharper 0.4% decline to settle at 24,612.95 points. These figures follow the release of fresh employment data, which investors are interpreting as a clear signal of deceleration within the national economy. The persistent downward pressure reflects a cautious approach from participants navigating what continues to be a period of significant volatility for UK equities.

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