London stocks slip as election looms closer, Sainsbury falls on reaffirmed outlook

tumbled on Tuesday after ending the previous session flat as investors maintained caution ahead of the parliamentary elections at home, while an uptick in oil prices contained declines.

Meanwhile, prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled. GSK slipped 1.2% after a Delaware judge rebuffed a request by the drugmaker and others to appeal a ruling allowing over 70,000 lawsuits claiming that the heartburn drug Zantac caused cancer to go forward.

A job openings report is due in the United States later in the day, alongside Federal Reserve Chair Jerome Powell's speech.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NatWest swoops on retailer Sainsbury's banking businessNatWest has struck a deal to acquire most of the banking business of Sainsbury's in a deal that would increase the British lender's assets by $3.2 billion.
Source: CNBC - 🏆 12. / 72 Read more »