Shares, oil and the US dollar were all under pressure as global financial markets took fright at the prospect that Donald Trump would fail to deliver on his growth-boosting promises.
In the most nervous conditions since the immediate aftermath of the president’s shock victory in last November’s elections, stock markets in Asia and Europe fell in response to Tuesday’s sharp decline on Wall Street.
The biggest fall in US shares in five months prompted declines in Tokyo, Frankfurt, Paris and London, which in turn ensured another jittery opening in New York. In the City, the FTSE 100 closed 54 points lower at 7,324.72.
via The Guardian