Global markets drop on Chinese economic fears and trade war worries

The FTSE 100 Index closed 58.5 points or 0.8% lower at 7292.8.

London’s top flight joined markets worldwide in dropping into the red on Thursday (PA)

By Holly Williams, PA Deputy City Editor

London’s top flight joined markets worldwide in dropping into the red as worrying Chinese economic data and fears over the US-China trade war dented investor sentiment.

The latest figures from China signalled slowing industrial production and retail sales growth in October, raising jitters over the world’s second-largest economy.