The FTSE 100 index remained broadly stable on Tuesday morning, inching up by 5.9 points to reach 8,812.45, as investors adopted a cautious stance amid growing uncertainty over future U.S. trade tariffs.
According to The Times, the market’s muted movement reflects a collective wait-and-see attitude, fueled by the lack of clarity on international trade policy.
Key sector highlights include:
Entain Group, a major player in the betting industry, emerged as the top gainer on the index.
Mining stocks advanced on hopes of global trade agreements, particularly those linked to base metals and gold, with gold miners benefiting from the recent rise in bullion prices.
Homebuilders also posted gains, supported by expectations of imminent interest rate cuts by the Bank of England.
Analysts suggest that broader market momentum may remain subdued in the short term, pending concrete developments on U.S….
