London midday: FTSE flattens out as US sanctions hit Russia-exposed stocks

London equity markets had flattened out by midday on Monday, weighed down by weakness in stocks with exposure to Russia, although Rolls-Royce and WPP put in solid performances. The FTSE 100 was flat at 7,185.41, while the pound was up 0.1% against the dollar and the euro at 1.4100 and 1.1490, respectively. Stocks had been in the black earlier, underpinned by what was regarded by many as a conciliatory tweet on Sunday by US President Donald Trump, which seemed to suggest that the US and China ...

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