Wall Street

Pelosi Taiwan visit edges London markets lower

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City AM

By Jack Barnett London markets were weighed down by a poor session on Wall Street triggered by fears over escalating tensions between the US and China after house speaker Nancy Pelosi’s trip to Taiwan. The capital’s premier FTSE 100 index dipped 0.22 per cent to 7,392.60 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, fell 0.18 per cent to 19,838.99 points. America’s top indexes shed losses yesterday driven by traders fretting over the consequences of Pelosi, the highest ranking law market to visit Taiwan in 25 years, head…

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