FTSE 100 edges lower as banks fall, oil and yields climb
The UK's FTSE 100 index dipped on Wednesday, snapping a three-day winning streak, as banking stocks declined. Investors remained cautious due to rising oil prices and surging bond yields. The blue-chip index fell 0.4% to 10,498.53 points by 0948 GMT.
UK’s FTSE 100 edged lower on Wednesday after three straight sessions of gains, with banking stocks weighing on the benchmark as rising oil prices and surging bond yields left investors cautious. 53 points by 0948 GMT, while the FTSE 250…