Healthy trade figures in US fail to prevent market slide

STOCK markets shed some of their gains yesterday in relatively thin trading, with all key indicators across the globe down by late afternoon.

Better-than-expected trade figures out of the US did nothing to prevent the slide in the Dow Jones, Nasdaq or the S&P 500.

In London, the FTSE fell 1.4% by the close, which is a loss of about £15 billion in value.