Today: 18 April 2026
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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.

Stock Market Today

  • Michael Burry Links Trump's Iran War Decisions to Stock Market Reactions
    April 18, 2026, 9:59 AM EDT. Michael Burry, famed for predicting the 2008 subprime crisis, claims President Trump's approach to the Iran conflict is influenced by a desire to avoid stock market dips. Burry calls the market "Trump's kryptonite," suggesting foreign policy is shaped to prevent market crashes. The 2024 Middle East tensions have pushed Brent crude above $100 per barrel, affecting gasoline prices and inflation. The U.S. blockade of the Strait of Hormuz adds pressure on energy costs. Market volatility has heightened investor anxiety, prompting speculation that war timing may be aligned with market reactions. Federal Reserve's Austan Goolsbee notes unpredictability in conflict duration, underscoring economic uncertainty. Reports of significant trades preceding Trump's softened military actions have fueled scrutiny, though the White House denies market-driven decisions.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 18.04.2026

18 April 2026
LIVEMarkets rolling coverageStarted: April 18, 2026, 12:00 AM EDTUpdated: April 18, 2026, 10:09 AM EDT Michael Burry Links Trump's Iran War Decisions to Stock Market Reactions April 18, 2026, 9:59 AM EDT. Michael Burry, famed for predicting the 2008 subprime crisis, claims President Trump's approach to the Iran conflict is influenced by a desire to avoid stock market dips. Burry calls the market "Trump's kryptonite," suggesting foreign policy is shaped to prevent market crashes. The 2024 Middle East tensions have pushed Brent crude above $100 per barrel, affecting gasoline prices and inflation. The U.S. blockade of the Strait of Hormuz
NVIDIA Pushes Deeper Into Robotics as TSMC, ASML Signal AI Spending Boom Isn’t Cooling

NVIDIA Pushes Deeper Into Robotics as TSMC, ASML Signal AI Spending Boom Isn’t Cooling

17 April 2026
Nvidia expanded its robotics partnership with Cadence Design Systems, integrating AI models and simulation engines for robot training. Nvidia shares rose 1.2% to $200.79 Friday, valuing the company at $4.53 trillion. TSMC and ASML raised 2026 sales forecasts as AI chip demand remains strong. U.S. Senator Elizabeth Warren questioned Nvidia’s SchedMD acquisition, citing concerns over control of supercomputing software.
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