FTSE 100 Suffers Sharp Decline Amid U.S. Banking Sector Fears
Global market jitters hit London as investors seek safe assets.
London’s FTSE 100 index plunged as fears of instability in the U.S. banking sector triggered a global market sell-off.
Financial stocks led the losses, while energy and commodity shares also fell amid investor uncertainty.
Analysts warn that renewed concerns about credit exposure and economic slowdown could pressure markets further in the coming days as traders await central bank guidance.