
The FTSE 100 fell even further today after reaching its lowest end-of-day figure of the year on Thursday.
The index of London blue-chip stocks closed at 7280.50 yesterday, which is the lowest figure since November 2021, after a 2.2% fall. Rising interest fears sent 97 of the 100 stocks on the index down.
At one point today the FTSE was down a further 0.6%. A brief rally faded, leaving the index down 0.3% for the day, having lost more than 270 points this week.
Meanwhile, Halifax revealed that house prices fell year-on-year at the fastest pace since 2011, but remained surprisingly stable month-on-month in the face of chaos in the mortgage market.