Blue chip stocks ended the session in negative territory today as concerns over the US economy added to HSBC’s profits gloom.

The London market made slight headway today despite more hefty writedowns for banking giant HSBC.

Fears over the US financial sector sent blue chips more than 2% lower today in another turbulent session for the London market.

The London market endured a turbulent start to the week today as bank shares came under pressure following a profits warning from lender Bradford & Bingley.