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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Reaction to Elon Musk’s Twitter deal, markets recover after China losses

Elon Musk’s Twitter deal has set the tone for a stronger European session as sentiment recovers after hefty China-driven losses.

The FTSE 100 index fell almost 2% last night, but Wall Street closed higher as the Twitter board backed a $44 billion bid from the Tesla chief executive and bond yields eased.

The recovery will be tested by a busy week for quarterly earnings, with Alphabet and Microsoft among tech giants reporting in the US later.

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