UK stocks held steady Tuesday, as investors displayed caution before the release of the UK Treasury’s Spring Statement on public finances and an update on US inflation, which has been a major driver of moves across global markets this year, MarketWatch reports.

How markets are moving
The FTSE 100 index was down 2 points at 7,212.79, as only the oil and gas group moved higher. The basic materials sector was down the most. On Monday, the benchmark shed 0.1%, breaking a five-session win streak.