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FTSE 100 falls back into the red, as oil majors and miners decline

U.K. stocks fell Tuesday as energy producers and miners lost ground, while shares in supermarket chain J Sainsbury PLC gained after an upbeat sales update.

The FTSE 100 UKX, -0.24 declined 0.5% to 7,340.42. All sectors were in the red, led by shares of resource producers.

Trading volume is expected be lower than usual as the U.S. marks the Independence Day holiday. On Monday, the London index snapped a four-session losing streak by settling up 0.9% as oil prices rallied.

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