Britain’s FTSE 100 Index Suffers Biggest Dip Since October

Why you should care about stock movements

Few people around the world own a lot of individual stocks. However, that doesn’t mean that your financial well-being isn’t tied to what happens in world markets. If you have a retirement fund at your work or if your employer offers a pension, those funds are likely invested heavily in the stock market. The good news is that most of these investments are held for years and years, so a day’s or even a week’s drop in prices is not likely to affect the money you’ll have at retirement.

About the FTSE 100

The FTSE 100, informally referred to as the “Footsie” index, tracks the 100 largest companies on the London Stock Exchange, based on market capitalization. As the Dow Jones Average in the United States and CAC 40 in France, it is seen as an indicator of the general health of companies that do business under UK law. The index is owned and maintained by the FTSE Group, a wholly-owned subsidiary of the London Stock Exchange.

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