FTSE 100 Live: Stocks to slide as oil holds at $115; tech stocks surge
Welcome back to the City AM FTSE 100 live blog. It’s Tuesday morning and London’s blue-chip index is set to slide this morning following the price of oil remaining stubbornly elevated and a surge in tech stocks on the Anthropic news. Brent crude was trading above $115 per barrel as renewed diplomatic efforts in the [...]
The FTSE 100 is expected to decline this morning as oil prices remain high and tech stocks soar following the news of Anthropic's IPO filing. Brent crude is trading above $115 per barrel due to renewed diplomatic efforts in the Middle East aimed at preventing a broader escalation of the US-Iran conflict. However, negotiations are nearing the US midterm elections, during which President Donald Trump has hinted at the potential resumption of military strikes against Iran after months of failed talks.
Meanwhile, Asian stocks have risen sharply after AI leader Anthropic's highly anticipated IPO filing boosted investor confidence ahead of a series of tech earnings this week, which will serve as a crucial gauge for market sentiment.
Written by urgent.news from City AM's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
