FTSE 100 Live: Blue-chips cut losses, Downing Street pushes defence plan

The FTSE 100 fell 35 points to 10,495 as Apple’s price hike weighed on tech stocks, with SoftBank down 14% in Tokyo. The move points to weaker sentiment across technology-linked equities rather than a broad macro shock. Losses were later cut on both sides of the Atlantic, suggesting the selloff was initially contained.

Analysis

The FTSE 100 fell 35 points to 10,495 as Apple’s price hike weighed on tech stocks, with SoftBank down 14% in Tokyo. The move points to weaker sentiment across technology-linked equities rather than a broad macro shock. Losses were later cut on both sides of the Atlantic, suggesting the selloff was initially contained.