Stock markets turned bearish on Tuesday, as traders were spooked by the possibility of a no-deal Brexit rearing its head again. Stock markets turned bearish on Tuesday, as traders were spooked by the possibility of a no-deal Brexit rearing its head again. It opened the door to a no-deal Brexit again, and dampened the bullish sentiment on markets in recent days since the election. The FTSE 100 closed the day up an anaemic 0.08%, or 6.23 points to 7525.28, the only riser. Banks and house builders are some of the biggest fallers, as they would be in the no-deal Brexit firing line David Madden, CMC Markets“Banks and house builders are some of the biggest fallers, as they would be in the no-deal Brexit firing line,” said David Madden, an analyst at CMC Markets.

Source: Irish Independent December 17, 2019 17:26 UTC