April 16 (Reuters) - London stocks took a dive on

Tuesday, with most sectors trading in red, as traders pulled

back expectations of rapid U.S. rate cuts, while shares of Dr

Martens ( DOCMF ) and Superdry ( SEPGF ) tumbled on disappointing corporate updates.

As of 0719 GMT, the resource-heavy FTSE 100 lost

1.2% to their lowest levels in a month, while the mid-cap FTSE

250 fell 1.4%.

Shares of Dr Martens ( DOCMF ) slumped 25.2%, dragging the

personal goods sector by 4%, after the bootmaker

named a new chief exective and flagged a challenging fiscal 2025

amid weak U.S. demand.

Investors' expectations of a rate cut by the U.S. Federal

Reserve further inclined towards September after a

hotter-than-expected retail sales data narrated a

higher-for-longer story.

Unemployment in the UK edged higher in February, while wages

saw their weakest climb for a three-month period ended September

2022, bolstering bets for a June cut by the Bank of England.

Shares of Superdry ( SEPGF ) tumbled 25% after the retailer

launched a turnaround plan that would involve restructuring of

its UK property estate and retail cost base, along with an

equity raise that would take the firm private.