Banks lead FTSE 100 lower as gilt yields, oil prices climb

(For a Reuters live blog on U.S., UK and European ​stock markets, click or type LIVE/ in a ​news window) Oct 7 - UK's FTSE ‌100 ​edged lower on Wednesday after three consecutive sessions of gains, weighed down by banking stocks, as rising oil prices and surging bond yields ‌kept investors cautious.

The blue-chip FTSE 100 index fell 0.4% to 10,498.53 points by 0948 GMT, while the midcap FTSE 250 slipped 0.2%.