London Markets: U.K. stocks rise for 2nd straight day as pound falters on softer-than-expected inflation

London-listed stocks rose for a second straight session on Tuesday, as fears of a nuclear war between the U.S. and North Korea continued to recede and as investors looked ahead to a closely watched U.K. inflation report.

The FTSE 100 index UKX, +0.28% climbed 0.2% to 7,369.16, adding to a 0.6% advance from Monday. The positive sentiment on Monday came as U.S. officials over the weekend played down the threat of a military conflict with North Korea, saying they instead were seeking diplomatic solutions.

Further easing the tensions, North Korean leader Kim Jong Un decided not to launch a threatened missile attack on U.S.

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