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London close: Falling bank stocks, rising bond yields hammer FTSE 100

By Benjamin Chiou

Date: Tuesday 05 May 2026

(Sharecast News) - Rising bond yields and a shortened trading week were contributing to sharp falls for UK stocks on Tuesday, with the FTSE 100 dropping 1.4% by the close of play.
Despite a solid performance across Europe and the US - the Stoxx 600 was 0.7% higher while the S&P...

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