Wall Street finished with all three main indices in the red on Tuesday, ending a lengthy streak of gains, as the yield on the 10-year Treasury note crept to 3. 08%, its highest level since 2011, amid ongoing worries about trade talks between the US and China.
1635: Close Taylor Wimpey provided the biggest boost to the Footsie on Tuesday after unveiling plans to hike its dividend payout.
Oil & Gas names performed best on Tuesday as traders continued pushing crude oil futures higher in the face of simmering geopolitical tensions.
It was back to square one for Sterling on Tuesday - or nearly - as stronger-than-expected readings on US retail sales and on a key factor sector survey in the States boosted Treasury note yields.
Commodities were broadly lower on Tuesday, but not by much, despite a sharp move higher in the value of the US dollar that took it to its best level in six months.
Be careful not to force an inversion in the Treasury yield curve, a top US central bank official said on Tuesday.
London's mid-cap index could not keep up the pace with its big sister on Tuesday, with the FTSE 250 losing a little ground as the FTSE 100 gained points.
Events organiser UBM, which is being taken over by Informa, said current trading was in line with expectations despite a “challenging” fashion sector.
A weaker euro helped most of the Continent's main equity gauges steer clear of losses, helped by big gains for Oil & Gas shares.
London's FTSE 100 was an island of green on Tuesday, ticking higher as sterling failed to be listed by a solid round of UK jobs data, while stocks around the world were under pressure amid rising Treasury yields.
Specialist healthcare company BTG issued final results that beat sales and earnings expectations, though financial guidance for the new trading year was slightly short of the market's current estimate.
The World Trade Organization has ruled today that the European Union failed to honour multiple previous rulings and illegally subsidised European aircraft-maker Airbus to the tune of over $22bn to help launch its A380 and A350 jets.
Downing Street's inner Brexit cabinet is set to meet again on Tuesday after Prime Minister Theresa May attacking Tory Brexiteer Jacob Rees-Mogg, who said he was among a group that would not back down from supporting a hard Brexit, outside the customs union with the Irish border open.
Leak detection and remediation services group Water Intelligence picked up another American Leak Detection franchise operation on Tuesday, shooting to solidify its foothold in the South Florida area as it firms up its plans for international expansion.
Facebook failed to answer 39 questions concerning data privacy and fake news posed to the company by parliament's Digital, Culture, Media and Sport Committee, the group's chairman said on Tuesday.
David Poutney, a non-executive director of international multi-brand franchisor Franchise Brands, purchased 225,000 ordinary shares in the company on Tuesday at an average cost of 75. 50p each.
With the bulk of the group performing well, analysts at UBS reiterated their stance on shares of Vodafone on Tuesday, highlighting how the telecommunications giant's organic service revenues ended the fourth quarter ahead of analysts' estimates.
Despite a strong run in its shares, Citi still saw potential upside from the delay of generic versions of Indivior's Suboxone beyond 2018, but still warned of "conservatively modelled generic competition".
Wednesday's UK corporate calendar is bulging with the likes of Burberry, Cineworld, Crest Nicholson, Galliford Try, Marston's, Mitchells & Butlers, Mondi, Playtech, Premier Oil, National Express and SSP Group.
London's FTSE 100 was up 0. 3% to 7,733. 04 in afternoon trade on Tuesday, as investors continued to digest the latest round of UK jobs data.