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FTSE 100 Slips as Geopolitical Risk and Tech Sell-off Converge

Investors in London pulled back on Thursday as the FTSE 100 retreated 0.2% to 10,492.99 points by 1038 GMT. The decline reflects a fragile market sentiment caught between the escalating friction between the United States and Iran and a broader cooling of the technology sector.

FTSE 100 Slips as Geopolitical Risk and Tech Sell-off Converge

The index’s slide underscores a sharp pivot away from risk as geopolitical instability continues to ripple through global exchanges. While international tensions dominate the headlines, the domestic pressure on the FTSE 100 was compounded by specific weakness in tech stocks. These firms, often instrumental in sustaining recent market momentum, saw losses that accelerated the downward trend throughout the morning session.

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