Signage is seen outside the entrance of the London Stock Exchange in London August 23, 2018. — Reuters pic
In initial trade, London’s benchmark FTSE 100 index dropped 0.2 per cent to 5,842.11 points, compared with the closing level yesterday. New York stocks had plunged yesterday in a massive correction after their summer-long record rally, with the tech sector nursing particularly steep losses amid worries over a bubble in prices.
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