0941 GMT - The FTSE 100 index falls sharply on President Trump's threat that the U.K. could be in line for tariffs, Interactive Investor's Richard Hunter writes. U.K. stocks had been a safe-haven destination amid technology stock volatility elsewhere in the world, he writes. However, now it looks like U.K. companies' foreign earnings could be caught in the crossfire of a trade war, he adds. Chinese exposed stocks like Prudential trade down while Scottish Mortgage leads the fallers given its focus on U.S. technology companies, he adds. Prudential shares fall 2.4% to 662.20 pence and Scottish Mortgage trades 4.8% down at 1,033.50 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
February 03, 2025 04:42 ET (09:42 GMT)
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