The selling pressure on US markets continued last night after the S&P 500 index followed Friday’s big reverse with a decline of 0.5%. The Nasdaq Composite lost 1.2% amid jitters ahead of the release of quarterly results by semiconductor giant Nvidia after Wednesday’s closing bell.
The FTSE 100 index is set for another lacklustre session after closing unchanged at 8659 last night. IG Index futures are pointing to a 0.1% decline. Mining stocks were among those under pressure during trading yesterday, offset by another strong performance by defence firm BAE Systems.
