Sainsbury’s has indicated that profits will be flat over the next year as it faces intensifying ... Grocery sales grew by 4.5% for the past year, while sales at its Argos arm slipped by 2.7% to £4.9 ...

while the S&P 500 dropped 5.75%. The Nasdaq Composite led the losses, sliding 1,131.9 points, or 6.61%, as heavyweight tech stocks bore the brunt of the sell-off. Apple and Tesla slumped more than 7% ...