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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: £40 billion wiped off market amid consumer confidence fears, Royal Mail results

European markets are sharply lower after Wall Street tumbled amid the S&P 500’s worst session since June 2020.

The US slide, which followed a profit warning from retailer Target, also left the Nasdaq 4.7% lower in a continuation of the recent heavy selling pressure.

Today’s session in London featured results from Royal Mail, National Grid, low-cost airline easyjet and the Tesla and Amazon backer Scottish Mortgage Investment Trust.

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