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LSE:WIZZ.L 7 March 2026

FTSE 100 reels from worst week in a year as oil shock hits London stocks

FTSE 100 reels from worst week in a year as oil shock hits London stocks

The FTSE 100 dropped 5.7% this week, its sharpest fall since April 2025, as oil surged above $90 a barrel and traders slashed UK rate-cut bets. Energy and defence shares held firm, but airlines and miners tumbled. The FTSE 250 lost 0.8% on Friday. Money markets now see little chance of a March Bank of England cut.
7 March 2026
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Stock Market Today

  • U.S. stocks dip as tech stumble and oil price fears rattle markets
    May 16, 2026, 2:19 AM EDT. U.S. stocks retreated from record highs on Friday, led by a broad sell-off in technology shares amid rising oil prices that unsettled bond markets. The S&P 500 fell 1.2%, the Dow Jones dropped 1.1% (537 points), and the Nasdaq slid 1.5% from its peak. Nvidia, a key player in the AI sector, dropped 4.4%, while Micron Technology fell 6.6% despite its 154% year-to-date gain. Market strategist Brian Jacobsen said equities appear overbought but underscored strong corporate earnings and a durable U.S. economy underpinning record stock levels.

Latest articles

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

Dow Drops 537 Points With After-Hours Selling Threatening Wall Street AI Rally

16 May 2026
U.S. stock ETFs fell in after-hours trading Friday following a more than 1% drop in the S&P 500, Dow, and Nasdaq. Oil surged 4.2% to $105.42 a barrel and the 10-year Treasury yield hit 4.597%, fueling concerns over inflation and Fed rate hikes. Nvidia, AMD, and Intel led chip declines, while Berkshire Hathaway disclosed a $2.65 billion Delta stake and exited Amazon, Visa, and Mastercard.
Accuray inks 10-year cancer tech agreement, shares in focus

Accuray inks 10-year cancer tech agreement, shares in focus

16 May 2026
Accuray and the University of Wisconsin School of Medicine and Public Health signed a 10-year research agreement focused on Accuray’s Stellar adaptive radiotherapy platform. The announcement came after market close, with Accuray shares ending down 5.2% at $0.27. The deal follows Accuray’s recent withdrawal of fiscal 2026 guidance and ongoing financial pressures.
Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

Origin Materials Gains as Filing Signals $3.54 Liquidation Payout Possible

16 May 2026
Origin Materials asked shareholders to approve a plan to liquidate and dissolve the company, estimating an initial payout of $0.61 to $3.54 per share depending on asset sales and claims. Shares rose 15% to $1.43 after the filing. The company reported a 91% drop in first-quarter revenue and warned it may not survive without the wind-down. Origin cut 59% of its workforce and CEO John Bissell stepped down May 1.
NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

NextNRG Q1 Revenue Gains, but Company Holds Cash Warning

16 May 2026
NextNRG reported first-quarter revenue of $21.1 million, up 29% from a year earlier, but its net loss widened to $10.8 million. Cash fell to $208,048 at quarter-end, and management warned it needs immediate capital to continue operations. Shares closed at $0.2804 on Nasdaq, down nearly 6%. Total liabilities reached $34.3 million, with a stockholders’ deficit of $22 million.
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