Wall Street hits six-month low as Trump ‘appears to lose his grip on markets’ – business live

Rolling coverage of the latest economic and financial news, as Brent crude trades over $110 a barrel for first time since Monday

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The US stock market has dropped to its lowest level since last September, as analysts warn that president Trump may be losing his grip on the markets.

The S&P 500 index has dropped by 0.8% today to 6,425 points, adding to Thursday’s 1.75% fall on the benchmark US stock market index.