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FTSE down 50 points with other European markets at 7,286

FTSE 100 was 64 points lower at 7,272 as the Dow Jones Industrial Average shed over 120 points.
That affected the mood in London, with FTSE 100 down 50 points at 7,286 with other European markets also in the doldrums.
The FTSE 100 closed down 43 points at 7,293 and comes as investors await the triggering of Article 50 later this week.
Most of the FTSE 100 was in red numbers.
It led to a 61-point fall in the FTSE 100 to 7,275.41 – which judged by the recent movements of the blue-chip index adds up to a significant movement.

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FTSE 100 falls as dollar weakens versus pound on Trump policy woes

 dollar weakens

The stock market performance was mirrored in Germany and Italy though in France and Spain, leading share indices ended the day little changed.
Kathleen Brooks, research director at City Index, said: “The markets are having their own ‘Trump Tantrum’, as investors seriously doubt whether the President’s abrasive style will work in Washington.”
The FTSE 100 was 1% down in early trading on Monday though it later pared some of the losses and closed 0.6%, or 43 points, lower at 7293.
She added: “Overall, we don’t think that Article 50 itself will be a risk event for UK asset prices this week.
While a weakening dollar threatens to curb that currency boost for UK-based companies, the pound has been up to 20% down versus the US currency since the Brexit referendum.

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Trump market panic: FTSE 100 and Dow Jones stock crash after healthcare bill rejected

Trump market panic

The best of President Trump Fri, March 24, 2017 President Donald Trump is making a significant impact on global politics during his first term.
The panic has been triggered by US lawmakers’ rejection of Mr Trump’s healthcare bill on Friday.
The FTSE 100 and Dow Jones reached record highs at the beginning of March amid expectations companies were set reap the benefits of the new policies.
Britain’s top share index the FTSE 100 shed billions of pounds of value on Monday morning, to sit at its lowest level in almost a month after adding to last week’s losses.
But doubts over the outlook have grown after Mr Trump’s defeat last week – despite have a congress that has a Republican majority.

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