FTSE 100 falls 0.3% to 10,756.45

London’s benchmark stock index ended lower on Wednesday, September 2, with the FTSE 100 closing at 10,756.45, down 32.83 points or 0.3%. London Stock Exchange market data showed the benchmark finished below its previous close of 10,789.28 after trading between 10,713.09 and 10,800.83 during the session. (share-talk.com) Share Talk said London stocks ended lower as oil rose above $95 a barrel and government bond yields climbed, with investors also staying cautious ahead of Friday’s U.S. jobs report. (londonstockexchange.com) That account matched the closing level shown on London Stock Exchange market pages. The move was modest in headline terms, but the broader London market was weaker than the blue-chip index alone suggested. London Stock Exchange data showed the FTSE 250 fell 197.23 points, or 0.8%, to 24,324.06, while the FTSE All-Share dropped 0.36% to 5,793.71. (londonstockexchange.com) ### Where did the 0.3% drop leave the index? The FTSE 100’s close at 10,756.45 left it 32.83 points below the prior session and near the lower half of Wednesday’s intraday range. London Stock Exchange data put the day’s high at 10,800.83 and the low at 10,713.09. (share-talk.com) Trading Economics, which tracks a CFD linked to the benchmark, separately showed the UK stock market index at about 10,759 on September 2, down 0.28% on the session. That was broadly consistent with the official exchange figures. (londonstockexchange.com) ### What reasons were cited for the weakness in London? Share Talk said higher oil prices, rising UK government bond yields and caution before Friday’s U.S. payrolls report weighed on sentiment. The post cited oil above $95 a barrel and higher bond yields as the immediate pressure points. (londonstockexchange.com) Reuters reported a day earlier, on September 1, that London stocks had already come under pressure as Middle East tensions pushed up global bond yields on inflation concerns. Reuters said the FTSE midcap index posted its biggest one-day fall since March in that session. (tradingeconomics.com) ### Was the selling concentrated in large stocks or broader across the market? London Stock Exchange data showed the selling was broader than the FTSE 100 headline suggested. The FTSE 250 fell more than twice as much in percentage terms as the blue-chip benchmark, and the FTSE AIM All-Share lost 0.76%. (share-talk.com) The exchange’s market dashboard also showed several notable decliners among constituents and sectors. Kingfisher fell 3.82%, Computacenter dropped 3.45%, and Metlen Energy & Metals lost 3.24%, according to the LSE’s top fallers list. (aol.com) ### Which stocks held up better? London Stock Exchange data showed InterContinental Hotels Group among the top risers, up 3.14% on the day. Fresnillo gained 1.92% and Endeavour Mining rose 1.90%, giving the index some support from a handful of names. Volume leaders included Lloyds Banking Group, Barclays and Vodafone, according to the exchange dashboard. (londonstockexchange.com) Lloyds traded more than 102 million shares, ahead of Barclays at about 35.5 million and Vodafone at about 33.5 million. ### Where can readers check the next market update? (londonstockexchange.com) The London Stock Exchange said the market was closed after Wednesday’s session and would reopen at 08:00 on September 3. Its FTSE index pages and market dashboard list updated index levels, constituent movers and delayed pricing data for the next session. (londonstockexchange.com)