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London Markets: FTSE 100 sinks a second session in a row as pound gains momentum

U.K.’s main stock benchmark on Tuesday traded firmly lower, along with other major European bourses, as questions about Brexit tensions and growing concerns about global growth, particularly in China, knocked markets lower.

Doubts about Prime Minister Theresa May’s ability to lead the U.K. toward an orderly exit from the European Union, if at all, headlined concerns for British investors. A pickup in strength in sterling against the pound added to pressure on U.K. multinational corporations.

How markets are performing

The FTSE 100 UKX, -1.04% traded off 0.9% lower at 6,977.63, after closing out Monday’s trade in the red.

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