FTSE 100 heading for worst day since April as US regional bank worries rock markets – business live
Rolling coverage of the latest economic and financial news, as FTSE 100 share index sheds 150 points in early tradingUS regional bank stocks fall amid Wall Street concern over credit marketsStorm clouds are gathering over the financial markets, warns Richard Hunter, head of markets at interactive investor:There are increasing signs of storm clouds gathering over markets, with little relief from the building wall of worry.Already grappling with stretched stock valuations in the AI space, an unresolved government shutdown and a deteriorating relationship between Beijing and Washington, investors were exposed to a new source of concern in the form of lending practices and bad loans for US regional banks. Continue reading...
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Rolling coverage of the latest economic and financial news, as FTSE 100 share index sheds 150 points in early trading
Storm clouds are gathering over the financial markets, warns Richard Hunter, head of markets at interactive investor:
There are increasing signs of storm clouds gathering over markets, with little relief from the building wall of worry.
Already grappling with stretched stock valuations in the AI space, an unresolved government shutdown and a deteriorating relationship between Beijing and Washington, investors were exposed to a new source of concern in the form of lending practices and bad loans for US regional banks.
Continue reading...
