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Looking bearish with 7720 7740 resistance | 7677 7650 support | Manufacturing dips

Technical analysis for FTSE 100 for 3rd January 2024

London stocks started the year on a sombre note, weighed down by losses in the financial sector and as UK government bond yields climbed to two-weeks high.  The blue-chip FTSE 100 fell 0.2% on Tuesday, after hitting an over seven-month high earlier in the session, while the mid-cap FTSE 250 index was down 0.9%.