£56bn wiped off FTSE 100 in biggest market fall since Brexit vote
The value of the City’s leading companies has fallen by more than £56bn during waves of selling on stock markets in Asia, Europe and North America prompted by heightened fears of a trade war between the US and China.
The FTSE 100 index suffered its biggest percentage fall since the day after the EU referendum in June 2016 – closing almost 218 points lower at 6,704.
Only three of the 100 companies quoted in the FTSE 100 closed up on a day of heavy and coordinated selling on every major global stock market.
ftse 100 Wall Street was on course for a second day of heavy losses following news of... read more
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