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London Markets: London stocks under pressure as oil prices fall; U.S. markets closed

The U.K.’s main stock index was under pressure Thursday, weighed by weakness for resource stocks and banks and a strong pound.

Investors were jittery after losses late in Wednesday’s session for U.S. equities. Those markets will be closed Thursday for Thanksgiving, and will also close early on Friday, which could mean thin trading to finish the week for London.

How are the markets performing?

The FTSE 100 UKX, -0.88% dropped 1% to 6,978.51, after closing up 1.19% on Wednesday — the best one-day percentage gain close for the FTSE 100 since Sept. 21, according to Dow Jones Market Data.

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