Growing uncertainty about the outcome of the US presidential election has sent European and Asian shares falling again while the market’s “fear gauge” jumped for the eighth day in a row. The FTSE 100 index in London fell more than 50 points, or 0.8%, to 6,737 in early trading. Following an eighth straight day of losses on Wall Street’s S&P500 index on Thursday – its worst losing streak since the 2008 global financial crisis – Asian bourses suffered the same fate on Friday. The Vix volatility index – a measure of investor confidence known as the “fear gauge” – spiked for the eighth day in succession. Charlie Bilello, CMT (@MktOutperform) First time in history: S&P 500 down 8 days in a row, Volatility Index up 8 days in a row.

Source: The Guardian November 04, 2016 05:17 UTC