Key facts
- FTSE 100 index experienced modest gains.
- Dow Jones Industrial Average fell 0.3%.
- S&P 500 declined by 1.2%.
- Nasdaq Composite dropped 3%.
- Chip sector sell-off contributed to US market declines.
- Nerves ahead of the SpaceX listing also impacted markets.
The FTSE 100 index experienced modest gains, contrasting with a significant sell-off in US markets. The Nasdaq Composite dropped 3% as nerves spread ahead of the blockbuster SpaceX listing and a broader chip sector sell-off. The S&P 500 declined by 1.2%, and the Dow Jones Industrial Average fell 0.3%. Mining companies within the FTSE 100 also faced struggles.