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FTSE 100 slips as Trump impeachment inquiry darkens mood

Wed, 25th Sep 2019 08:31

(For a live blog on European stocks, type LIVE/ in an Eikon
news window)

* FTSE 100 down 0.5%, FTSE 250 down 0.4%

* Calls for impeachment inquiry into Trump unnerves markets

* Lingering Brexit worries weigh on domestic stocks

Sept 25 (Reuters) - London's FTSE 100 fell in tandem with
global market peers on Wednesday, as investors feared that a
call by U.S. lawmakers for an impeachment inquiry into President
Donald Trump would pile on more uncertainty to the global
economy.

Trump's latest harsh comments on Beijing's trade practices
also dented sentiment around Sino-U.S. proposed talks and
broadly hurt blue-chip financial stocks, as well as oil majors
and miners, pushing the main index down
0.5%.

The FTSE 250 shed 0.4% by 0707 GMT as more investors
focused on the future course of Brexit, with the House of
Commons set to reconvene after the Supreme Court ruled on
Tuesday Prime Minister Boris Johnson had suspended parliament
unlawfully.
(Reporting by Shashwat Awasthi and Indranil Sarkar in
Bengaluru; Editing by Bernard Orr)

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