marketsClosed Oct 17, 2025
- The FTSE 100 drops by the most since April’s tariff chaos as concerns emanating from the US regional banking sector ripple across global markets
- Join the Markets Today team — Sam Unsted, Kit Rees and Jacob Reid — for news and analysis vital to UK markets. Email us at marketstoday@bloomberg.net
As Fridays go, this one definitely made for a punchy end to the week. Nerves over
credit markets
in the US as loan losses at two US regional banks added to a spate of recent blowups roiled markets globally and spurred a worldwide selloff in stocks.
credit markets
in the US as loan losses at two US regional banks added to a spate of recent blowups roiled markets globally and spurred a worldwide selloff in stocks.
Yet positive rumblings on the trade front later in the session saw the rout ease somewhat, with US stocks rising and precious metals falling. The dollar gained and the pound fell to around $1.34. Gilts dropped, with yields spiking more than four basis points toward the long end of the curve.
Still, updates from investment manager Man Group and education publisher Pearson were well-received despite the market chaos. And monetary policy is never far from investors’s minds, with the Bank of England’s Huw Pill warning about cutting rates too quickly.
That’s all from us today. We’ll be back Monday to see whether markets have calmed down after the weekend. Have a lovely evening, and you can always send us your thoughts at marketstoday@bloomberg.net.
