FTSE 100 Live 16 April: Shares in big fall after US sell-off, unemployment in surprise jump to 4.2%

The FTSE 100 is much lower after a sell-off in the US yesterday evening. Meanwhile, unemployment and wages figures offered mixed signals, with a surprise jump in the jobless rate, but wage growth still running hot. FTSE 100-listed DS Smith today backed a £5.8 billion merger proposal from US-based International Paper.