UK Stocks End in the Red
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The FTSE 100 closed 0.9% lower at 9,427, moving further from its record high of 9,549. Losses in miners and industrials outweighed gains in consumer stocks, influenced by renewed US-China trade tensions. President Trump indicated no upcoming meeting with Xi Jinping and threatened increased tariffs on Chinese goods. Notable losers included Entain (-4%), Mondi (-3.5%), Glencore (-3.2%), and Rightmove (-3.1%), while Shell and BP also declined due to falling oil prices.
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