FTSE 100 Live 5 April: Inflation fears trigger blue-chip shares slide, US jobs figure

[admin]

Stock markets are under pressure after Brent Crude’s rise above $90 a barrel fuelled inflation worries. The selling started on Wall Street last night amid fears that the Federal Reserve will be unable to cut interest rates in the summer. The FTSE 100 index, which had been close to breaking the all-time high set in February 2023, traded about 1% lower today.