(RTTNews) – U.K. stocks are showing weakness on Tuesday, weighed down by data showing an uptick in unemployment rate, and a slowdown in retail sales growth, as well as rising U.S.-China trade tensions.
Trade tensions between the U.S. and China are rising, and traders are also following the political developments in France.
China’s commerce ministry said it remained open to talks, but the U.S. cannot seek dialogue while threatening new measures.
“If you wish to fight, we shall fight to the end; if you wish to negotiate, our door remains open,” according to an official statement.
Also, Beijing reportedly said it was Washington’s expansion of curbs on Chinese firms in late September that ratcheted up tensions and drove it to further tighten its grip on the critical minerals.
The benchmark FTSE 100 was up 32.74 points or 0.35% at 9,410.17 nearly half an hour past noon.
Shares of mining…
