Oil price slump causes stock markets in UK and US to fall

Discussion in 'Market News' started by Lily, Nov 12, 2015.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Crude oil is at lowest price in two and a half months, and UK has also seen falls in prices of copper and platinum

    Stock markets have tumbled on both sides of the Atlantic, after a slump in oil prices and uncertainty over the prospect for US interest rates triggered anxiety among financial traders.

    The FTSE 100 dived by almost 2% to 6178 by the close of trading on Thursday, while the New York Dow Jones was down more than 200 points at 17,492 as traders sought safe havens for investor funds.

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