RE: Friday results2 May 2023 19:54
Stocks reversed across the board this afternoon, leaving the FTSE 100 to finish well under water at 7,703 points for a 1.2% loss.
“Last week saw risk appetite revive on better earnings from tech giants, but a host of worries about interest rates, further bank crises, the US debt ceiling and of course pre-Fed nerves have conspired to prompt a reversal in equity markets. European and US indices are down sharply, as investors’ nerves get the better of them,"