Global stock market sell-off hits UK shares
FTSE 100 sheds 1.58% as investors fret over US-China trade war and rising rates
FTSE 100 sheds 1.58% as investors fret over US-China trade war and rising rates
More than 8% of S&P 500 re-classified due to new communications sector
The top-performing North America funds during the longest US bull market in history
Shares in London were down again on Thursday, following another significant tumble on Wall Street overnight, while volatility is on the rise, according to the Vix.
Global stock markets are recovering from the recent correction as they continued to make gains overnight, following another positive day on Wall Street.
Global markets, including the FTSE 100, have tumbled again after US indices officially entered correction territory.
European and Asian markets tumbled this morning after the Dow Jones took its biggest hit in six years.
The Volatility Index (Vix) has risen to its highest level since August, following a frenetic overnight sell-off in the bond and stock markets.
Investors have been warned against having blind faith in technology stocks by Hermes’ James Rutherford, who said the sector had seen “bubble-like” hysteria.
Europe has had a tricky time of it in the decade following the financial crisis and 2017 was tipped to be no different, predicted to be a rollercoaster of populist politics and volatile markets.
BNY Mellon has launched a Ucits version of its existing US equity fund, offering an actively managed large cap portfolio for investors in the UK and Europe.
Amid a turbulent week for the UK airline sector, Easyjet’s update failed to encourage investors.