FTSE banks suffer £16bn slump

It comes weeks after Donald Trump criticised India for a “totally one-sided relationship” on trade.Indian prime minister Narendra Modi has said he has spoken with Donald Trump today, and that they “reviewed good progress achieved in trade negotiations”.The Dow Jones Industrial Average is down 0.5pc, whole the S&P 500 and Nasdaq have fallen 0.4pc.“We’re in a very strong bull market that refuses to fall in a meaningful fashion,” he said. “I’m expecting a pullback at some point but for now the environment is v ...