FTSE 100 Live: Stocks jittery after bound rout hits global markets
The London stock market faced renewed pressure today as the FTSE 100 retreated into negative territory, driven by a volatile combination of surging energy prices and a widespread retreat in the global bond market. Investors are navigating a landscape of heightened geopolitical risk and shifting economic indicators that have left major indices struggling to maintain upward momentum. This latest downturn follows a period of instability where the cost of crude oil reached levels not seen in recent trading sessions, creating a ripple effect across various asset classes.
Brent Crude Surges Past $102
The primary catalyst for the market jitters was a dramatic increase in the price of Brent crude, the international benchmark for oil. Prices climbed above the $102 per barrel mark, a significant threshold that has historically signaled increased inflationary pressure for global economies. This surge
Source: cityam.com · 2026-10-08