And the FTSE250, which includes smaller companies, fell by 3.2 per cent, wiping a further £13.5bn off the London stock exchange. They were in line with global movements of stock and oil prices, which tumbled worldwide.
Stocks also opened sharply lower on Wall Street, and Tokyo lost 2.5 per cent. Shanghai, Frankfurt and Hong Kong also declined sharply. Futures for the Dow Jones Industrial Average dropped more than 2 per cent.
This story is from the November 27, 2021 edition of The Independent.
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This story is from the November 27, 2021 edition of The Independent.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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