FTSE 100 live: London index calmer after Silicon Valley Bank contagion fears ease

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City AM

By Jack Barnett London’s FTSE 100 nudged lower today, arresting the sharp declines notched yesterday as it was caught up in a global market sell off driven by investors’ fretting over the impact of Silicon Valley Bank (SVB) collapsing. The capital’s premier index fell 0.12 per cent to 7,539.25 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.13 per cent to 18,800.22 points. Steep stock price falls seen at the beginning of the week were not repeated today as traders trimmed their fears over how bad the fallout from…

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