{"id":140168,"title":"FTSE 100 set for lower open amid global market sell-off","publisher":"Share Talk","author":"sharetalk","published":"2026-09-02T06:27:42+00:00","modified":"2026-09-02T06:27:42+00:00","canonical_url":"https://www.share-talk.com/ftse-100-set-for-lower-open-amid-global-market-sell-off/","markdown_url":"https://www.share-talk.com/ftse-100-set-for-lower-open-amid-global-market-sell-off.md","json_url":"https://www.share-talk.com/ftse-100-set-for-lower-open-amid-global-market-sell-off.json","category":"Blogs","categories":["Blogs","Technology","Technology, Media & Telecoms"],"tags":["Asia","Bangkok","Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Hong kong","Japan","London","Manila","mining stocks","Mumbai","Nasdaq Composite","NATO alliance","Netherlands","Nikkei 225","Norway","S&P 500","shanghai","Singapore","Sweden","Sydney","Taiwan","UK","United States","Wall Street","Wellington"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/01/Bull-v-bear-21st-dec-scaled.webp?fit=1200%2C594&quality=80&ssl=1","format":"news","language":"en-GB","content":"The **FTSE 100 is expected to open about 40 points lower on Wednesday as escalating military action between the US and Iran pushed** oil prices above $95 a barrel and triggered a broader sell-off across global equity markets.\n\nFTSE 100 futures were quoted between **10,750.5 and 10,753.5 shortly before 7am BST**, pointing to a decline of approximately **0.4%** at Wednesday’s open.\n\nLondon’s blue-chip index closed Tuesday at **10,789.28**, down 34.98 points or 0.3%, after recovering from an intraday low of 10,689.55.\n\nSelling was considerably heavier among domestically focused and smaller companies, with the **FTSE 250 falling 1.7% to 24,521.29** and the **AIM All-Share dropping 1.9% to 796.06**.\n\n**Brent crude climbed to $95.35 a barrel** early Wednesday from $92.48 at Tuesday’s London close as US forces launched fresh strikes against Iran’s Revolutionary Guards.\n\nThe renewed hostilities have intensified concerns about disruption to energy supplies through the **Strait of Hormuz**, one of the world’s most important oil shipping routes. Rising crude prices are also adding to inflation concerns after Tuesday’s sharp increase in global government bond yields.\n\nWall Street finished firmly lower overnight, with the **Dow Jones falling 0.8%, S&P 500 losing 0.7% and Nasdaq Composite dropping 1.0%**.\n\nAsian markets followed the US lower. Japan’s **Nikkei 225 fell 2.7%**, while China’s Shanghai Composite declined 0.7%, Hong Kong’s Hang Seng lost 0.5% and Australia’s S&P/ASX 200 dropped 0.9%.\n\nAustralian equities declined despite stronger-than-expected economic growth. GDP increased 0.4% during the second quarter and 2.1% year-on-year, beating forecasts on both measures.\n\n**Gold** also weakened despite the geopolitical uncertainty, trading at approximately **$4,324 an ounce**, compared with $4,364 at Tuesday’s London close.\n\nG20 finance ministers have meanwhile called for “free, safe and predictable navigation through the Strait of Hormuz” following their latest meeting, although China did not support that section of the final statement.\n\nWednesday’s US economic calendar includes the **ADP employment report for August and July factory orders**, while the Bank of Canada is due to announce its latest interest-rate decision.\n\nOn the London corporate calendar, **AEP Plantations, Cairn Homes, Ecora Royalties and TT Electronics** are scheduled to report half-year results."}