FTSE 100 Down 0.5% As Miners Decline Sharply

The FTSE 100 drifted lower as technology and mining shares sold off, with investors wary of possible rate hikes by the Federal Reserve and other central banks. Uncertainty over a lasting truce between Iran and t added to the risk-off tone, pressuring cyclical and commodity-linked names.

Analysis

The FTSE 100 drifted lower as technology and mining shares sold off, with investors wary of possible rate hikes by the Federal Reserve and other central banks. Uncertainty over a lasting truce between Iran and t added to the risk-off tone, pressuring cyclical and commodity-linked names.