Footsie Suffers Biggest Slump for Two Months as Oil Surges Above $100

Footsie suffers biggest slump for two months as oil surges above $100

The FTSE 100 index fell 1.3%, or 141.6 points, to 10,670.06, its lowest level for nearly seven weeks. It was the sharpest decline since early July.

FTSE 100 Falls as US-Iran Conflict Keeps Oil Above $100 and ECB Raises Rates

London stocks remained under pressure on Thursday as continued US-Iran attacks on shipping disrupted oil flows through the Strait of Hormuz, keeping Brent crude above $100 a barrel and addingRead More...

UK Stock Market Today (September 10): Why is the UK Stock Market Down Today? FTSE 100 Falls as Oil Stays Above $100, Inflation Fears Weigh on Markets – Check Top Gainers & Losers

UK Stock Market Today (September 10): FTSE 100 attempts a rebound after a 1.31% fall as oil stays above $100, with Middle East tensions, inflation fears and central-bank decisions driving investor sentiment.

FTSE 100 Live: Markets Settle After Oil-Driven Bond and Stock Drops

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European stocks slump as oil moves above $100 per barrel, Victrex impresses, Amazon launches sterling-based bond issue, and Mortgage Advice Bureau warns on profit

FTSE 100 dips as Brent rises above $100

The FTSE 100 fell on Wednesday as Brent Crude oil prices rose above the $100 mark and bond yields increased, raising concerns of interest rate hikes. Despite a heavy weighting towards oil companies benefiting from the rise, the potential impact on borrowing costs for governments and households was too much for equity traders to stomach, […] The post FTSE 100 dips as Brent rises above $100 appeared first on UK Investor Magazine.