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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

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    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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