Why are markets plunging and which stocks are worst hit?
A volatile week across global stock markets has escalated into a frenzied sell-off, with European stock markets plunging to their lowest level in 20 months on Thursday. In the UK the FTSE 100 fell to a six-month low after Wall Street suffered its biggest drop in eight months, with the Dow Jones losing more than 800 points.
Why are markets tanking? The sell-off is being fuelled by concerns over rising US interest rates, political uncertainty in Italy, mounting trade tensions between the US and China, and crises in emerging markets such as Turkey and Argentina. Donald Trump added to the... read more
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