FTSE 100 slumps as U.S. tariffs kick in


LONDON, April 9 (Xinhua) -- The FTSE 100 tumbled 2.92 percent on Wednesday, shedding 231.05 points to close at 7,679.48 points as U.S. President Donald Trump's sweeping tariff plan officially came into effect, sending shockwaves through global financial markets.

The blue-chip index opened lower and extended losses throughout the morning, hitting an intraday low of 7,603.02 around midday. The decline narrowed slightly in the afternoon session.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

1MDB: MACC to bring back recovered paintings worth over RM120mil
High-level Turkish team to visit Damascus on Monday for talks on SDF integration
Sweden releases boarded Russian freighter after customs inspection
Vietnam's top leadership talks heat up as Communist Party meets
South Korea parliament passes bill to launch probe into 2024 Jeju Air crash
Homemade bombs thrown before Bondi mass shooting, but failed to detonate, police tell court
Japan prepares to restart world's biggest nuclear plant, 15 years after Fukushima
Remaining 130 abducted Nigerian students have been released, president's spokesman says
China-Serbia digital art exhibition explores time, space, heritage
US envoy Witkoff calls Ukraine, Russia talks productive

Others Also Read