{"id":129025,"title":"FTSE 100 set for muted open as AI jitters drag global markets","publisher":"Share Talk","author":"sharetalk","published":"2025-11-07T07:54:56+00:00","modified":"2025-11-07T07:54:56+00:00","canonical_url":"https://www.share-talk.com/ftse-100-set-for-muted-open-as-ai-jitters-drag-global-markets/","markdown_url":"https://www.share-talk.com/ftse-100-set-for-muted-open-as-ai-jitters-drag-global-markets.md","json_url":"https://www.share-talk.com/ftse-100-set-for-muted-open-as-ai-jitters-drag-global-markets.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["AstraZeneca","BT","Diageo","Federal Reserve","FREE","FTSE 100","FTSE 250","FTSE100","Howden Joinery","ITV","National Grid","Sainsburys","Smith & Nephew","Tate & Lyle","Vistry","WISE"],"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 stocks** were expected to open slightly lower on **Friday**, tracking overnight declines on **Wall Street** and in **Asia**, as renewed concerns over **artificial intelligence valuations** and broader **market fragility** weighed on investor sentiment.\n\nFutures platform **IG** forecast the **FTSE 100** to **edge down 0.1% to 9,729.48**, following Thursday’s **0.4% decline**, after a volatile session marked by the **Bank of England’s close vote** to hold interest rates at 4%.\n\nOvernight, U.S. markets **tumbled**, with the **Nasdaq Composite** down **1.9%**, the **S&P 500** off **1.1%**, and the **Dow Jones Industrial Average** also lower, as nervousness around **AI-driven stock valuations** and **cautious remarks from U.S. bank chiefs** sparked broad-based selling.\n\nIn **Asia**, major benchmarks extended the decline, with traders wary that **global equities may have run up too quickly** in recent months.\n\nIn fixed income, **U.S. Treasury yields** inched higher, with the **10-year note** at **4.10%**, after **Chicago Fed President Austan Goolsbee** warned that the **U.S. government shutdown** is **impeding the Fed’s visibility on inflation**, complicating rate policy decisions.\n\nIn UK data, **October footfall** figures indicated **signs of stabilisation**, with high streets seeing modest growth despite ongoing cost pressures.\n\nOn the corporate front, reports suggested **Comcast** is **exploring a potential takeover** of **ITV’s media division**, with plans to merge it with **Sky** to create a **stronger UK streaming platform** capable of competing with global rivals.\n\nIn commodities, **gold** rose to **$4,005 an ounce**, while **Brent crude** firmed to **$64 a barrel**, ahead of key **economic data releases** later today from **Canada, Germany, the UK, and the U.S.**"}