Share Talk Weekly Stock Market News Review, Sunday 12th January 2025

The FTSE 100 share index dropped by 71 points on Friday, closing at 8,248, while the FTSE 250, which includes more UK-focused companies such as Greggs and Currys, fell by 1.4%. In the United States, Wall Street experienced significant declines, with the S&P 500 decreasing by 1.7%, the Dow Jones Industrial Average down by 1.7%, and the tech-heavy Nasdaq losing 2%.

This negative sentiment extended across European markets as well. In Paris, the CAC 40 closed 0.8% lower, and Frankfurt’s DAX index declined by 0.5%.

On a positive note, oil prices have climbed to their highest levels since October following reports from Reuters about new US sanctions targeting Russian crude. Brent crude surged by up to 5% today, exceeding $80 per barrel, while West Texas Intermediate rose by as much as 5.3%, approaching $78 per barrel.


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