Mounting uncertainty over the outcome of the US election
next week continues to punish stocks across the world
Recent market jitters over the race to the White House
started a week ago, after the strong enthusiasm for Democratic candidate
Hillary Clinton, seen as the status quo candidate by markets, dropped following
the renewal of Federal Bureau of Investigation’s email investigation.
European markets have followed Asia and the US with the
tightening race hitting stocks in early trading on Friday.
Trump has never been closer to the US presidency than right
now
The UK’s benchmark FTSE 100 opened a further 50 points
lower, taking the index to its lowest level since mid-September.
The picture was similar across the channel with Germany’s
stock index DAX and the France’s CAC, the most widely used indicator of the
Paris market, falling 0.4 per cent and 0.2 per cent respectively.
This followed a drop in Asian shares overnigh and an eighth
straight day of losses on Wall Street’s S&P 500 - its longest run of losses
since the financial crisis in 2008.
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