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The Independent UK

Business

Henry Saker-Clark

London markets plunge after Fed decision hammers Wall Street

US Federal Reserve London United States

File photo dated 06/02/18 of a view of the London Stock Exchange sign in the City of London, as the FTSE 100 plunged on Thursday morning (Kirsty O’Connor/PA) - (PA Wire)

The FTSE 100 tumbled on Thursday after the latest US interest rate cut drove a sharp sell-off on Wall Street.

Traders in London followed suit, with top equities falling amid caution ahead of the UK’s own pivotal interest rate decision.

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