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UK's FTSE 100 falls for fourth day as proposed windfall tax on banks hits financial stocks.
The FTSE 100 index fell for a fourth straight day, down 0.31% at 9,188.22, due to declines in financial stocks amid a proposed windfall tax on banks.
The tax proposal, suggested by an independent think tank, aims to redistribute wealth and has led to significant drops in major UK bank shares.
Investors are also awaiting key U.S. PCE data for clues on potential Federal Reserve actions in September.
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El FTSE 100 del Reino Unido cae por cuarto día debido a que el impuesto sobre ganancias inesperadas propuesto a los bancos afecta a las acciones financieras.