London equities fall as energy stocks dip; U.S. debt ceiling vote eyed

📆 31/05/2023 04:26 p. m.
📰 Reuters

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Britain's commodity-heavy stock indexes slid on Wednesday as weak China economic data drove commodity prices lower, while sentiment remained fragile ahead of a crucial vote on the U.S. debt ceiling issue.

The exporter-heavy FTSE 100 logged a more than 5% drop in May, its worst May performance since 2015, as international factors like the U.S. debt deal uncertainty and worries of stalling global growth weighed on the minds of investors.

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