FTSE 100 Faces Heavy Selling Amid Rising US Recession Fears
In a dramatic turn of events, the FTSE 100 index has experienced significant declines, marking its lowest point since April. This downturn has been primarily driven by mounting concerns over a potential recession in the United States, following the release of disappointing jobs data last week. Investors across the globe are reacting to these fears, leading to a massive sell-off in stock markets. The FTSE 100 index, which represents the 100 largest companies listed on the London Stock Exchange, ...