The FTSE 100 has closed at 6685; its lowest level since September 2016.

Investors remain nervous about the US Government shutdown over its budget spending for a border wall with Mexico and its trade war with China.

A total of £76 billion has been wiped off the FTSE 100 this month, with markets worldwide suffering one of their worst Decembers ever.

FTSE 100 lowest close since September 2016

“If 2018 was the beginning of the end of the 10 year bull market, 2019 could well give stocks an additional shove to the downside.” CMC Markets analyst Michael Hewson said.