Wall Street

UK markets get set for a weary wait after latest political drama

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Reuters UK

SINGAPORE (Reuters) – Britain’s stock markets were set to recover on Wednesday after their worst single-day drubbing in three weeks, even as investors braced for months of political uncertainty and questions over the survival of a scandal-hit prime minister. Stock futures on the benchmark FTSE 100 index suggested markets might rally more than a percent when London opens, recovering from Tuesday’s near 3% tumble after the resignations of his finance and health secretaries plunged Prime Minister Boris Johnson’s government into another crisis. Johnson showed his determination to remain in office …

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