RollsRoyce hits over 4yr high
Burberry Group falls as HSBC cuts PT
Pearson, Man Group down on brokerage downgrades
Both FTSE 100 and FTSE 250 fall 0.6

Nov 28 Reuters UK39;s FTSE 100 fell on Tuesday amid a broadbased selloff as investors awaited a slew of global economic data due later this week, while RollsRoyce shares outperformed after the engineering company forecast a surge in its profitability.

The exporterheavy FTSE 100 fell 0.6 touching a twoweek low intraday, while the more domesticallyoriented FTSE 250 midcap index also shed 0.6.

Personal goods led declines among the major FTSE 350 sectors, with Burberry Group falling 2.7 after HSBC reduced the stock39;s price target.

It39;s worth reminding ourselves that for the last couple of weeks, markets have been quite strong with the expectation that inflation39;s finally starting to come off in most places, said Andrew Jones, portfolio manager at Janus Henderson Investors.

Rather than being any specifically negative news coming out… its a bit of a pause having had that rally.

RollsRoyce jumped 6.2 to a more than fouryear high after the engineering company said it aimed to become a much more profitable business.

Despite recent weakness, both the benchmark stock indexes eye monthly gains as sentiment got a lift from hopes of a softer monetary policy globally, with rising bets that interest rates have peaked.

Investors will look ahead to UK mortgage data, inflation prints across the eurozone, and a Personal…