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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Amazon drops 11%, Musk sells $8.5bn chunk of Tesla, NatWest profits surge, AO drops

A volatile April for stock markets is ending on an upbeat note, despite Amazon’s below par results dealing another blow to confidence in the technology sector.

NatWest contributed to the positive mood today by posting a big rise in first quarter profits and reporting that bad debts remain low despite the economic challenges.

AstraZeneca, Reckitt Benckiser and Pearson have also posted updates at the end of a week of largely encouraging earnings from London-listed companies.

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