- FTSE 100 down 1.6% to 6,432
- Gold down 1.28% to $1,155.37
- £/$ – 1.2462
The FTSE 100 continued its slide yesterday, falling a further 1.6% to close at 6,432, its lowest since mid-January.
Commodity stocks were among the worst performers. Glencore was the day’s biggest faller, down 6.9%, while Anglo American lost 5.8% and Fresnillo was 4.6% lower.
In Europe’s markets yesterday, the Paris CAC 40 fell 2.3% to 4,604, and the German Xetra Dax was 2% lower at 10,676.
In the US, the Dow Jones Industrial Average rose 0.5% to 17,776, the S&P 500 added 0.6% to 2,081, and the Nasdaq Composite was 0.1% higher at 4,997.
Overnight in Japan, the Nikkei 225 slid 3.1% to 19,737, and the broader Topix index lost 3.3% to 1,582. And in China, the CSI 300 fell 6.8% to 3,663, and the Shanghai Composite lost 5.9% to 3,507.
Brent spot was trading at $56.02 early today, and in New York, crude oil was at $51.67. Spot gold was trading at $1,151 an ounce, silver was at $14.86 and platinum was at $1,011.
In the forex markets this morning, sterling was trading against the US dollar at 1.5407 and against the euro at 1.3973. The dollar was trading at 0.9069 against the euro and 121.52 against the Japanese yen.
And in the UK, Barclays has announced that it has sacked its chief executive, Antony Jenkins, and replaced him with the chairman, John McFarlane, while it appoints a new CEO. Barclays shares were up 2.7% in today’s early trading.