FTSE 100 Live: Stocks slide as oil and AI weigh on markets
12 Articles
12 Articles
Evening Standard
FTSE dips as inflation fears pressure bond yields
The FTSE 100 index ended down 39.44 points, 0.4%, at 10,658.13. It had earlier traded as low as 10,586.39.
FTSE 100 Live: Stocks slide as oil and AI weigh on markets
Welcome back to the City AM liveblog. Investors were met with a volatile start to the week after rising tensions around oil and AI dampened market mood. Brent crude – the international benchmark for oil prices – held above $107 per barrel on Tuesday morning after worries around global supply ramped up on Monday. Saudi Arabia has closed its East-West pipeline, which provides an alternative route to the Strait of Hormuz, with no clear indication o…
Red Sea disruption fuels inflation fears as UK jobs market weakens - ATV Today
Oil rises above $107 a barrel as shipping risks, elevated borrowing costs and weakening employment add to concerns over the UK economy The post Red Sea disruption fuels inflation fears as UK jobs market weakens appeared first on ATV Today
FTSE 100 tumbles as oil shock sends UK borrowing costs back to 1998
The FTSE 100 fell to a two-month low on Tuesday as another surge in oil prices drove UK borrowing costs higher, outweighing the usual boost that expensive crude can give London’s heavyweight energy shares. The blue-chip index dropped 0.59% to 10,634.49 by 1000 GMT, while the FTSE 250 lost 0.46%. Banks and investment firms led the decline, with Standard Chartered down 1.7% and Aberdeen off 2.6%. Precious and industrial-metals miners also weakened…
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