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FTSE 100 plunges 6% to one-year low amid market turmoil, as Trump says ‘sometimes you have to take medicine’ – business live | Business

FTSE 100 drowns 6 % to the lowest level in one year

Britain’s securities market fell deep into red at the beginning of trading.

The shares slide sharply again, adding to heavy losses last week, as investors are getting more afraid that Donald Trump’s trade policies will lead to recession.

In London foot 100 The blue stock index decreased by 488 points, or 6 %, as the index decreased to 7566 points, its lowest level since February 2024.

This is a more severe diving than eliminating 5 % on Friday after that China Revenge against the United States with a new tariff.

Each class on foot 100 In The Red, with the UK manufacturing company RollsRoyce 13 % decline.

Miners, banks and investment companies are also at the highest fall.

There is a wide disappointment this morning that there was no progress in the American commercial tariffs during the weekend, as Trump described his new definition as the necessary “medicine”.

Kathleen Brooks, Research manager in XTB, He says that investors are desperate to see “concrete work”, such as a temporary stop or a transformation of Trump’s tariff.

This market is looking for tangible work, not talking about work. The best healing medicine for financial markets at the present time is a temporary or reflection of the United States in the tariff program.

Main events

VIX oscillator above March 2020

The “Fear Index” in Wall Street has risen to the top again today, to its highest level since the first Covid-19 pandemic.

The VIX index, which measures the fluctuation of the market and uncertainty, doubles, almost today to about 60 points.

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