- FTSE 100 down 0.8% to 6,260
- Gold up 0.4% to $1,237.97/oz
- £/$ 1.4482
FTSE 100
Commodity stocks were the biggest drag on the index. Anglo American was the day's worst performer with a 7.2 %slide, while BHP Billiton lost 5.8% and Glencore was 4.2% lower. Among energy stocks, Royal Dutch Shell lost 3.5% and BP was 2.7% lower.
In Europe, the Paris CAC 40 fell 0.5% to 4,546, and the German Xetra Dax lost 0.8% to 10,294.
Try 6 free issues of MoneyWeek today
Get unparalleled financial insight, analysis and expert opinion you can profit from.
Start your trial
Sign up for MoneyWeek’s free twice-daily newsletter.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
In the US, the Dow Jones Industrial Average and the S&P 500 each slipped 0.2% to 17,977 and 2,087 respectively, and the Nasdaq Composite was 0.2% lower at 4,895.
Latest Videos FromMoneyWeek
Overnight in Japan, the Nikkei 225 fell 0.5% to 17,353 and the broader Topix index lost 0.7% to 1,391. And in China, the CSI 300 gained 0.5% to 3,179, and the Shanghai Composite rose 0.6% to 2,964.
Brent spot was trading at $44.77 early today, and in New York, crude oil was at $42.87. Spot gold was trading at $1,235 an ounce, silver was at $16.95 and platinum was at $1,012.
In the forex markets this morning, sterling was trading against the US dollar at 1.4538 and against the euro at 1.2900. The dollar was trading at 0.8873 against the euro and 110.81 against the Japanese yen.
And in the UK, Scottish Power has been hit with an £18m charge by Ofgem, the energy regulator, because it failed to treat its customers fairly, Ofgem said. Call handling complaint resolution and billing were "inadequate", resulting in over a million complaints between June 2013 and December 2015. £15m will go to "vulnerable" Scottish power customers, and the rest to charity.
