Markets in London and across Europe were dented on Thursday after US-Chinese trade tensions ratcheted up once more. Markets in London and across Europe were dented on Thursday after US-Chinese trade tensions ratcheted up once more. The FTSE 100 closed down 103.15p at 7,231.04p at the end of trading on Thursday. Pre-tax losses for the 12 months to March 31 hit £5 million but was a significant improvement on a £100 million loss a year earlier. The price of oil slid heavily as traders worried that trade tensions could dent demand, while weak manufacturing data from Germany also weighed it down.

Source: Irish Independent May 23, 2019 16:30 UTC