London Lower in Holiday-Thinned Trading in Europe
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London's FTSE 100 Index fell 0.5% on May Day, with major European exchanges closed. Despite 13 consecutive days of gains, investors faced rising crude prices and interest rates, with 10-year German bond yields at 3.03% and Brent crude futures up 0.5% at $110.92 per barrel. Wall Street futures remained stable, while most Asian markets were also closed for the holiday.
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