FTSE 100 edges back after housing and bank shares fall
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 finished lower on Tuesday after a weak session for London’s housebuilders and banking stocks. Weakness in the sector acted as a drag on the FTSE 100 despite a boost from rising Next shares after a positive update from the high street chain. Axel Rudolph, senior technical analyst at IG, said: “US stocks didn’t follow their European peers higher amid an expected third straight month rise in euro area inflation reading but instead ended their two-day rally as traders expect the Fed to keep interest rates on hold this month.