Financial News

FTSE 100 falls 1% in increased volatility in financial markets

By Business & Finance
05 February 2018
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The 67-point fall to 7,376 comes amidst a 2.5% fall in the US’ Dow Jones Industrial Average on Friday, the biggest one-day loss for the FTSE 100 since June 2016.

The markets saw a surprise rise in US wage rates, which also raises the possibility of an increase in interest rates.

As well as this fall, Asia’s biggest markets fell by between 1% and 2.5%.

Last Friday saw a 4% decrease in shares for Apple, which had been a big player in the markets over the last number of years. Solid trading activity for the company didn’t stop the influx of sales of the organisation’s shares.

This fall comes after some very good years for investors where the Dow Jones saw growth of 25% in 2017.

The full summary of the FTSE 100 can be viewed here.