£56bn wiped off FTSE 100 in biggest market fall since Brexit vote

Arrest of Huawei’s Meng Wanzhou compounds fears of escalating US-China trade warThe value of the City’s leading companies has fallen by more than £56bn during waves of selling on stock markets in Asia, Europe and North America prompted by heightened fears of a trade war between the US and China.The FTSE 100 index suffered its biggest percentage fall since the day after the EU referendum in June 2016 – closing almost 218 points lower at 6,704. Continue reading...