LONDON (Reuters) – World stocks drew back even more on Friday on grim U.S. economic data, mixed company results and President Donald Trump’s risk to enforce new tariffs on China over the coronavirus crisis.
FILE PICTURE: The London Stock market Group offices are seen in the City of London, Britain, December 29,2017 REUTERS/Toby Melville
MSCI’s index of global stocks fell 0.5?ter a tumble late Thursday broke a six-day winning streak for the index.
London-listed stocks fell as data showed the UK real estate market was grinding to a halt, with the FTSE 100 down 2.2%, eliminating much of the strong gains earlier in the week.
British Airways operator IAG shed another 2.6%as details of its strategies to cut staffing, including a quarter of its pilots, to weather the collapse in flight triggered by the coronavirus.
Tradi