FTSE 100 (^FTSE)
| Previous close | 8,040.38 |
| Open | 8,040.38 |
| Volume |
| Day's range | 8,030.05 - 8,102.14 |
| 52-week range | 7,215.80 - 8,102.14 |
| Avg. volume | 1,121,247,898 |
- Reuters
GLOBAL MARKETS-Stocks and yen struggle as tech troubles weigh
World stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram parent Meta hammered tech, while the yen's drop through 155 per dollar for the first time since 1990 kept FX traders on intervention alert. Japan's tech-heavy Nikkei slid 2% in Asian trading and European tech stocks were down 0.8% in early dealing as traders did pretty much the opposite to the previous day after Tesla had promised new models by early next year. Chief Investment Officer at Close Brothers Asset Management, Robert Alster, added that Mark Zuckerberg's comments on Meta needing to spend to keep up in the AI arms race had been another major factor.
PA Media: MoneyAnglo American shares soar on £31bn takeover approach from BHP
The potential deal would create the world’s biggest copper miner, with around 10% of global output.
Yahoo Finance UKFTSE 100 LIVE: London outshines European peers amid Anglo American takeover bid
The FTSE 100 outperformed against its European peers on Thursday, hitting a new high for the third session in a row.
