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UK Retail Downgrades Drag FTSE Lower Market reaction London’s equity markets faced renewed pressure on Tuesday as retail stocks slumped following a wave of downgrades from Deutsche Bank. The FTSE 100 and FTSE 250 both ended lower, weighed by sharp declines in consumer-facing names such as Associated British Foods, Kingfisher, and Wickes. The pound also slipped against the euro, reflecting investor caution over the broader UK economy. Associated British Foods fell more than 4%, Kingfisher dropped 5%, and Wickes lost nearly 6% on the session. The broader retail index under the FTSE...