Sumary of The FTSE 100 is down 3% today! Here’s what’s going on:
- Fortunately, The Motley Fool UK analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global upheaval… We’re sharing the names in a special FREE investing report that you can download today.
- Airlines such as the International Consolidated Airline Group are down almost 10%.
- Banking stocks are also down heavily, with Lloyds Banking Group down 5%.
- Higher interest rates are good for banks, so no hike could be damaging, especially when a lot of people (myself included) thought that rates would rise.