FTSE 100 Drops Amid US Tech Selloff

FTSE 100 Live: Stocks dip after sell-off; Trump hits out at big oil

Welcome back to the City AM liveblog. European markets were a mixed bag on Wednesday after a bruising sell-off had investors across the globe dumping their equity exposure. In Europe, the FTSE 100 closed down just shy of 0.1 per cent on Tuesday, undershooting the bigger losses seen on Germany’s Dax at one per cent, France’s Cac 40 at 0.7 per cent and Amsterdam’s AEX at 1.6 per cent. The City benefited from its lower tech exposure, after jitters …

FTSE 100 drops amid US tech selloff

The FTSE 100 tumbled on Tuesday, with UK stocks tracking a US tech sell-off amid heavy selling of SpaceX and other leading tech giants. The tech-heavy NASDAQ closed down 1.3% overnight, and futures pointed to losses of more than 2% when cash markets opened on Tuesday. SpaceX fell sharply overnight and is trading more like […] The post FTSE 100 drops amid US tech selloff appeared first on UK Investor Magazine.

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