FTSE 100 Drop Sets Up Uncertain Monday as UK Politics, Oil Move the Market
FTSE 100 dropped the most in over two months, leaving British stocks on the defensive to start the new week. UK assets were pressured by political worries at home, pricier oil, and falling bond prices. FTSE 100 drops as investors look ahead to Monday open With markets shut on Saturday, investors are left to assess Friday’s losses and what it means for the start next week. The FTSE 100 closed down 1.7% at 10,195.37. The FTSE 250 fell around 1%. Both the FTSE 100 and FTSE 250 were down for the week.