Market Mixed as Middle East Tensions Rise | Bermuda News

London’s stock market dipped slightly Monday as Middle East tensions rattled investors, while corporate news and political anticipation added pressure. British American Tobacco’s 20% workforce cuts sent its shares down 1.6%, and defense stocks tumbled after the UK scrapped new destroyer plans in favor of drone warships. Gold prices fell, dragging down mining stocks. Political watchers held their breath for Andy Burnham’s big speech—seen as a future PM—while a new survey revealed British businesses are bracing for the weakest growth outlook of the year. Still, energy and financial sectors cushioned losses, and BT’s stock edged up after it and Verizon announced a new global joint venture. The market’s a mixed bag, with global uncertainty and domestic politics keeping investors on edge. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ea5b9ae48e9a691