Brexit fear, a weak dollar, and a global market rout pushed the FTSE 100 to its worst 3 months since the financial crisis

• Britain’s benchmark share index, the FTSE 100, had its worst quarter since the financial crisis to begin the year.
• The FTSE 100 dropped as much as 8% in the first three months of 2018.
• A combination of a global market sell-off, uncertainty about Brexit, and a weaker dollar pushed the index down.

LONDON — Britain’s benchmark share index, the FTSE 100, had its worst start to a year since the financial crisis in 2018, losing almost 10% of its value as the global stock market rally runs out of steam.

“Data suggests the FTSE 100 is the worst performing major stock market index in the first quarter of 2018,” Russ Mould, investment director at AJ Bell said on Thursday.

See the rest of the story at Business Insider

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