FTSE 100 Sell-Off Sets Up a Crucial Monday as UK Politics and Oil Rattle Investors
The FTSE 100 dropped 1.7% to 10,195.37 on Friday, its steepest one-day fall in over two months, marking a fourth consecutive weekly loss. Sterling hit a five-week low, and ten-year gilt yields climbed. Traders are watching political risks, oil prices, and April inflation data due Wednesday as markets reopen Monday. The London Stock Exchange was closed Saturday.