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FTSE 100 turns lower as pound rebounds after fresh election poll

U.K. stocks edged lower Monday, weighed down by a gain in the
pound after a fresh poll signaled a comfortable lead for the
governing Conservative Party as a general election nears. A
terror attack in London over the weekend has added to the
uncertainty around Thursday’s election, but the Guardian/ICM
poll out Monday suggested a change in government isn’t likely,
giving the Tories an 11-point lead over the Labour Party. The
FTSE 100

UKX, -0.29%

fell 0.3% to 7,527.96, while sterling

GBPUSD, +0.0621%

traded at $1.2900, up from $1.2891 late Friday in New York.
Earlier Monday, the FTSE had been edging higher, while the
pound dropped.

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