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London markets drop as Brexit fears return

“U.K. markets are awaiting post-Christmas trading updates from supermarkets Tesco PLC TSCO, +1.17% J Sainsbury PLC SBRY, +2.58% and Wm Morrison Supermarkets PLC MRW, +1.11% this week” writes Emily Horton for marketwatch.com. Tesco PLC TSCO, +1.17%  jumped by almost 2% and Wm Morrison Supermarkets PLC MRW, +1.11%  stocks rose by just over 1%.London markets fell on Monday, as British politicians gear up for a crucial vote on the terms of Brexit later this month.U.K.investors were also preparing themselves for a week of retailer trading statements, with a number of leading supermarkets set to announce their crucial Christmas figures.The FTSE 100 UKX, -0.58% dropped by 0.3% to 6,815.29 after finishing up 1.5% for the week on Friday.
 
Source: marketwatch.com



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