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Evening Standard

Evening Standard

Business

Business & Economics

FTSE 100 Live 03 April: Stocks and dollar weaken on tariffs shock, Currys shares bounce

Evening Standard
Summary
Nutrition label

82% Informative

FTSE 100 opened more than 1% after it was confirmed that all UK goods exports to the US will be hit with a 10% levy.

Standard Chartered lost 8% , HSBC and Barclays fell by more than 4% .

Futures trading on Wall Street showed the S&P 500 index and tech-focused Nasdaq on course for falls of about 3% later today .

Stocks with significant US exposure fared badly in the FTSE 250 index, including Watches of Switzerland .

Dr Martens dropped 3% or 1.55p to 51.45p and 4imprint weakened 5% or 185p to 3610p .

Fears that a global trade war will hit demand for oil and key metals will also hit demand.

The Nikkei 225 fell 2.8% after Donald Trump imposed 24% tariff on Japanese goods.

The FTSE 100 index is set for a fall of about 138 points or 1.6% .

Donald Trump ’s package of tariffs sparked fears of a global trade war.

In Asia , the Nikkei 225 index is down by more than 3% while the Hang Seng index has fallen by just under 2% ..

VR Score

87

Informative language

86

Neutral language

64

Article tone

formal

Language

English

Language complexity

39

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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