The FTSE 100 slipped by 0.2%, with AstraZeneca's shares dropping 2.1% and the utilities sector showing weakness. In contrast, Legal & General enjoyed a 3.9% boost after emphasizing the potential of the pension risk transfer market. Investors remain jittery due to political developments in France and South Korea, alongside looming economic data and corporate updates.

On the economic front, the ADP US jobs report is anticipated to reveal a rise in private sector employment by 150,000, a decrease from October's 233,000. Services purchasing managers' index (PMI) readings are also expected from the eurozone, UK, and US.

The eurozone composite PMI and producer price index (PPI) are on the docket, accompanied by speeches from European Central Bank President Christine Lagarde. France is in political turmoil as Prime Minister Michel Barnier's government faces no-confidence votes. The potential collapse of Barnier's administration, merely three months in, could spell political chaos and challenge President Emmanuel Macron. The votes arise from budget disputes, with the far-right National Rally likely backing a leftist motion, possibly leading to the government's downfall. Meanwhile, in South Korea, the president faces possible impeachment after attempting to enforce martial law.

In corporate news, mining behemoth Rio Tinto is under pressure from activist investor Palliser Capital to merge its dual-listed company structure, citing significant value destruction. The company anticipates increased production by 2025 and plans capital expenditure of USD 11 billion. Centrica, along with EDF, has extended the operational life of four nuclear power stations, bolstering the UK's net zero goals. 

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