1h ago /
21-4-2020
13:16
European
stock markets are falling deeper into the red, as traders prepare for a rocky
start to trading on Wall Street.
In London
the FTSE 100 index is currently down 2.3%, or 134 points, to 5678. That takes
it back to Friday morning’s levels, before hopes of a coronavirus treatment
breakthrough sparked a rally.
Mining
companies are among the top fallers, with Glencore and Anglo American down 6%.
That follows falls in commodity prices, as investors anticipate weak economic
demand.
Oil
producers BP and Royal Dutch Shell are still down around 4% too.
The Dow
Jones industrial average is currently down 2.5%, or around 600 points, in pre-market
trading -- which would match Monday’s falls.
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