The FTSE 100 fell 1.4% to 9,543 on Tuesday, its lowest level since October 22, extending its losing streak to a fourth day, the longest since August. The index continued to retreat from recent record highs as financial stocks deepened declines. Banks led the selloff, with HSBC down 3.3%, Barclays 3%, Standard Chartered 2.9%, and NatWest 2.8%. Industrial miners were also under pressure: Antofagasta slid 3.7%, Anglo American 3.4%, Glencore 2.6%, and Rio Tinto 2.1%. Global sentiment weakened as investors grew wary of stretched tech valuations and increasingly doubtful of a potential Fed rate cut in December. In the UK, attention turned to this week’s inflation report and next week’s government budget. Amid the broader slump, a few stocks outperformed: Imperial Brands rose 2% after posting annual profits above expectations, while Intermediate Capital Group gained 4.5% following news that Amundi will purchase a 9.9% stake in the firm.