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via finance.yahoo.comMarkets

FTSE 100 slumps as global tech rout deepens

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- British stocks fell on Friday as a global tech rout over AI investment worries after the U.S. midterms spread to Europe. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA sharp global tech selloff spreading to Europe and Asia weighs on major indices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The FTSE 100 fell 1.5% and the DAX lost 1.43%.
  2. 02Thursday's Wall Street session saw the S&P 500 down 4.4% and the Nasdaq 5.5%.
  3. 03The Bank of England raised rates to 4%.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
FTSE 100INDEX:FTSE100Index10,575.65-0.67%today -1.92%Negative DAXINDEX:DAXIndex25,772.50-0.89%today -1.58%Negative S&P 500INDEX:SP500Index7,353.73Market closedtoday -4.36%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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