{"id":69476,"date":"2026-02-03T12:06:15","date_gmt":"2026-02-03T12:06:15","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/02\/03\/ftse-100-slips-after-positive-start\/"},"modified":"2026-02-03T12:06:15","modified_gmt":"2026-02-03T12:06:15","slug":"ftse-100-slips-after-positive-start","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/02\/03\/ftse-100-slips-after-positive-start\/","title":{"rendered":"FTSE 100 Slips After Positive Start"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> After opening slightly up and advancing further, the UK market turned weak Tuesday morning even as stocks from mining and banking sectors stayed firm. <\/p>\n<p>Despite easing geopolitical and trade tensions, and news about the U.S. Congress preparing to vote on a spending bill to end the government shutdown, the mood in the British market was cautious this morning. <\/p>\n<p>The benchmark FTSE 100 was down 49.61 points or 0.48% at 10,291.95 a few minutes before noon. The index climbed to 10,372.21 earlier in the session.<\/p>\n<p>Miners Endeavour Mining, Anglo American Plc and Antofagasta gained 5%, 3.75% and 3.5%, respectively. Fresnillo moved up nearly 3% and Rio Tinto climbed 2.1%. Glencore gained about 1.2%.<\/p>\n<p>Natwest Group and Lloyds Banking Group gained 1.7% and 1.5%, respectively, while Barclays advanced 0.8%.<\/p>\n<p>Marks &amp; Spencer and Babock International gained 2.3% and 2%, respectively. Rolls-Royce Holdings, Weir Group, Scottish Mortgage, British American Tobacco, Imperial Brands and St. James&#8217;s Place also posted strong gains.<\/p>\n<p>Relx tanked nearly 10%. The stock is down more than 40% from a record high it posted in February last year.<\/p>\n<p>Experian shed about 6.5%. JD Sports Fashion drifted lower by 5.6%, while The Sage Group, LSEG, Informa, Burberry Group, Metlen Energy &amp; Metals and Diploma lost 2%-4%.<\/p>\n<p>Drug maker AstraZeneca dropped 1.3% after the U.S. FDA rejected a subcutaneous version of its lupus medicine that would make it easier to administer. <\/p>\n<p>Intertek Group, Autotrader Group, ICG, Ashtead Group, Reckitt Benckiser, RightMove and Compass Group also declined sharply. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>FTSE 100 Slips After Positive Start<\/a><br \/>\n<br \/>2026-02-03 12:06:15<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After opening slightly up and advancing further, the UK market turned weak Tuesday morning even as stocks from mining and banking sectors stayed firm. Despite easing geopolitical and trade tensions,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-69476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=69476"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69477"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}