US stocks slide as Iran strike and midterm polls rattle markets

independent.co.uk —

London stocks fell Tuesday as a fresh US strike on Iran added to market nerves ahead of US mid-term elections. The FTSE 100 closed down 1.1% at 10,638.43, while the FTSE 250 and AIM all-share also declined. Investors were wary as US voters headed to the polls, with Democrats expected to challenge President Trump's second term. All 435 House seats are up for election, with Democrats needing a net gain of four seats to take control, while 35 Senate seats are contested. US job openings rose to 7.523 million in September, exceeding forecasts, ahead of Friday's jobs report. Brent oil traded at $103.24 a barrel despite the Iran strike, while gold and copper prices fell, weighing on mining stocks.


With a significance score of 1.2, this news ranks in the top 47% of today's 32258 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: