The Trader 

Updated Market Outlook: Risk rolls over in early US trade, Rolls Royce, Persimmon & more

Updated Market Outlook: Risk rolls over in early US trade, Rolls Royce, Persimmon & more

Updated 5pm

Risk appetite has well and truly rolled over. US stocks moved lower in the first hour of trade and continued to leg it south, while oil prices swan dived amid a very messy picture for global markets on Thursday afternoon. Walgreens Boots Alliance shares dragged on the Dow as the stock fell 9 per cent after reporting weaker-than-forecast earnings amid some serious weakness in the UK. The dollar found bid as risk appetite turned south, hurting FX majors like GBPUSD and EURUSD.

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