U.K. Stocks Fall After Fed Decision; BHP, HSBC See Sharp Dips
- Trading error speculated after swings in some FTSE 100 members
- FTSE 100 falling for second day, post weekly decline
Yellen Leaves Rates Well Alone... For Now
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U.K. stocks fell after the Federal Reserve proved reluctant to raise rates amid concern about global economic and market risks.
Several FTSE 100 Index members swung sharply lower, sending the gauge down 2.2 percent at 12:44 p.m., before returning near their previous levels within minutes. HSBC Holdings Plc, Vodafone Group Plc, BHP Billiton Ltd. and Diageo Plc were among shares affected. The moves signaled a trading error to some traders.