{"id":132938,"title":"Cautious start expected for FTSE 100 as trade jitters persist","publisher":"Share Talk","author":"sharetalk","published":"2026-02-24T07:47:50+00:00","modified":"2026-02-24T07:50:58+00:00","canonical_url":"https://www.share-talk.com/cautious-start-expected-for-ftse-100-as-trade-jitters-persist/","markdown_url":"https://www.share-talk.com/cautious-start-expected-for-ftse-100-as-trade-jitters-persist.md","json_url":"https://www.share-talk.com/cautious-start-expected-for-ftse-100-as-trade-jitters-persist.json","category":"Investment Reports","categories":["Investment Reports"],"tags":["AI fears","ASX 200","Bank of England","Bitcoin","BTC","cryptocurrency","Denmark","Donald Trump","FactSet","Fed","Federal Reserve","FTSE 100","Glencore","Gold","Hong Kong’s Hang Seng","London","mining stocks","NASDAQ","Nasdaq Composite","Nikkei","Norway","S&P 500","S&P Global","silver","tech rout","UK","United States","US markets","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/FTSE-100-31-oct-scaled.webp?fit=1200%2C900&quality=80&ssl=1","format":"news","language":"en-GB","content":"London markets look set for a subdued open on Tuesday as tariff uncertainty continues to unsettle investors at the start of the week.\n\nFutures indicate the FTSE 100 will open around 11 points lower, down 0.1% at 10,673. The index was effectively flat on Monday, slipping just 0.20 points to close at 10,684.74.\n\n#### Currency and Bond Moves\n\nSterling edged slightly lower to $1.3490 from $1.3505 late Monday. The euro also weakened to $1.1780 from $1.1801, while the dollar strengthened against the yen, rising to ¥155.05 from ¥154.33.\n\nIn the bond market, the 10-year US Treasury yield held steady at 4.04%. The 30-year yield inched higher to 4.71% from 4.69%.\n\n#### Wall Street Sells Off\n\nUS equities fell sharply on Monday. The Dow Jones Industrial Average dropped 1.7%, the S&P 500 declined 1.0%, and the Nasdaq Composite fell 1.1%.\n\nPayment and delivery stocks came under heavy pressure as the so-called AI fear trade spread beyond the technology sector.\n\nIBM shares plunged 13% after Anthropic, developer of the AI chatbot Claude, said its model could help modernise COBOL systems. American Express slumped more than 7%, while Mastercard and Visa each fell between 4% and 5%. In the delivery space, DoorDash dropped around 6% and Uber declined by more than 4%, as investors reassessed valuations across growth-oriented and transaction-linked businesses.\n\n#### Mixed Trading in Asia\n\nAsian markets were mixed on Tuesday. Shanghai reopened for the first time since February 13, with the Composite index trading 0.9% higher. Hong Kong’s Hang Seng fell 2.0%, while Japan’s Nikkei 225 gained 0.7% after reopening from a public holiday. Australia’s S&P/ASX 200 ended the session flat.\n\n#### Commodities and What’s Ahead\n\nGold eased to $5,171.12 an ounce early Tuesday from $5,216.70 late Monday.\n\nOn the economic calendar, investors will be watching US consumer confidence data, the Richmond Fed manufacturing index and the S&P/Case-Shiller home price index.\n\nIn the UK, full-year results are due from speciality chemicals group Croda and student accommodation provider Unite."}